Nedlloyd to sell unit to Deutsche Post
Article Abstract:
Koninklijke Nedlloyd NV said it was planning to sell its transport and distribution division in Europe to Deutsche Post AG for 1.18 billion guilders ($588.7 million). As a result of the announcement, Nedlloyd's share value increased 58%. Nedlloyd also reported a fall in net profit for the 1998 year to 64 million guilders from 1997's 72 million guilders. The company's share price rose to 18.95 euros ($20. 84) on March 18, 1999.
Comment:
Nedlloyd to sell transport and distribution division in Europe to Deutsche Post AG for 1.18 billion guilders ($588.7 million)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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SEZ Holding posts net of 22.1 million euros for latest 9 months
Article Abstract:
SEZ Holding AG posted 32.7 million Swiss francs (22.1 million euros) in 2001 nine-month net profits. This is compared to 22 million francs during the same period in 2000.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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