Post group TNT said on Monday it had completed the divestment of its freight management business unit to French logistic service provider Geodis. The total transaction value was €460m on a cash and debt free basis. TNT said it expected its book profit on the deal to be in the region of €190m.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation