PostNL and bpost end merger talks

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PostNL, the Dutch postal operator, has ended negotiations with bpost, the Belgian post service, that would have left to a combination of the two companies through a friendly public offer by bpost on all shares of PostNL.

It said that these negotiations “have, in the end, not led to agreement on the terms of such a transaction”.

PostNL delivers 500,000 parcels and 10 million letters a day across the Netherlands and employs 49,000 people. Bpost handles 9.1 million letters and 126,000 parcels a day.

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