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Last updated on June 3, 2012 at 13:09 EDT

News - Deutsche Post AG

2005-09-19 12:00:19

Deutsche Post AG, Europe's largest postal service, has agreed to buy Britain's Exel PLC to create the world's largest logistics firm. Deutsche Post will pay $6.72 billion in a cash-and-stock deal that had been rumored for several weeks, the Telegraph reported Monday.

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