Deutsche Post: Negotiations With UPS Still Ongoing
February 26 2009 - 1:55AM
Dow Jones News
Deutsche Post AG (DPW.XE) Thursday said discussions with UPS
(UPS) on cooperation in the U.S. are still ongoing, and the group
is considering alternatives to UPS's offer.
Deutsche Post also said restructuring costs during the fourth
quarter for its U.S. business amounted to EUR2.01 billion.
For 2008, Deutsche Post said its net liabilities were EUR2.41
billion, versus EUR2.86 billion the previous year.
-By Frankfurt Bureau; Dow Jones Newswires; +49 69 29 725 500;
djnews.frankfurt@dowjones.com