Ad-hoc | 5 July 2002 12:25
Deutsche Post AG
english
Deutsche Post to purchase another DHL stake from Lufthansa Cargo
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Deutsche Post to purchase another DHL stake from Lufthansa Cargo
Deutsche Post AG, which owns already 50,64% in DHL, is set to take another 25%
from Lufthansa Cargo. The deal has been approved by the supervisory board of
Deutsche Post AG in its meeting today. The contract has yet to be concluded and
approved by anti trust agencies. Deutsche Post has to pay Euro 610 Mio (Euro 550
Mio including a possible future payment of Euro 60 Mio under a debtor warrant
agreement). Including this purchase, Deutsche Post owns more than 75% with the
objective to increase the stake in DHL to 100% in due course.
end of ad-hoc-announcement (c)DGAP 05.07.2002
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051225 Jul 02