Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Deutsche Post’s DHL Won’t Do Big Acquisitions, Handelsblatt Says

Don't Miss Out —
Follow us on:

April 4 (Bloomberg) -- Deutsche Post AG is not planning to carry out acquisitions through its DHL express-package and freight business, Handelsblatt said, citing an interview with Ken Allen, the management board member responsible for the business.

“At the moment, I’d rather swallow razor blades than buy any sizable rivals,” the newspaper cites Allen as saying. Deutsche Post will focus on expanding its express business organically, and the company last year outgrew rivals in terms of volumes moved, Allen was cited as saying.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.