Deutsche Post DHL is to acquire the UK company UK Mail Group for a total of €280m or £242.7m. Deutsche Post is offering a premium of around 43% or 440p (445.5p including the interim dividend – premium 45%) based on the last share price of 307p. In addition, the company will pay an interim dividend of 5.5pe or additional £m.
29 Sep 2016
Excellent strategic move but too expensive!
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Excellent strategic move but too expensive!
Deutsche Post AG (DHL:WBO) | 0 0 0.5% | Mkt Cap: 45,425m
- Published:
29 Sep 2016 -
Author:
Heinz Steffen -
Pages:
2
Deutsche Post DHL is to acquire the UK company UK Mail Group for a total of €280m or £242.7m. Deutsche Post is offering a premium of around 43% or 440p (445.5p including the interim dividend – premium 45%) based on the last share price of 307p. In addition, the company will pay an interim dividend of 5.5pe or additional £m.