TNT looks for ‘strategic’ Royal Mail stake

Dutch post and express delivery company TNT is interested in developing a strategic relationship with Britain’s Royal Mail, partly through a ‘substantial minority shareholding’, TNT said in a statement on Tuesday evening.

TNT’s interest comes as a British government commission publishes its recommendations on the future of Royal Mail, which says the state-owned group needs a strong private partner.
TNT already has considerable post and express delivery interests in the UK, with combined revenue of some €1.6bn.
For the full TNT statement, click here

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