Dutch become World's first postal company listed on stock exchanges

Article Abstract:

TNT Post Group (TPG), in Amsterdam, Netherlands, became the first listed mail service when its shares began trading on the Amsterdam, London, New York and Franfurt stock exchanges on Juen 29, 1998. The move signals the separation of KPN, the holding company for the Dutch post and telecom service, into two independent units. TPG will manage mail, express and logistics activities, while Royal KPN NV will take over the telecom. The new listing also marks the Dutch as being on the forefront of privatizing services for quick international growth. Other postal services are expected to follow suit.

Organizational history, Company Planning/Goals, Courier Services, Security Guards and Patrol Services, Securities issued, listed, Delivery services, TNT Post Group, Article

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US VC Group bets on Dutch software developer

Article Abstract:

Venture capital firm Capital Z Partners invested more than $12 million in Data Distilleries of Netherlands, which develops software for the management of customer relationships. The money as well as those coming from other investors would be used by Data Distilleries to expand its operations beyond Netherlands. It expects to have 7 offices in Europe and the US before the end of 2001. Other investors include GildeITfund and UK's 'e-finance works.'

United States, Software Publishers, Venture Capital Companies, Miscellaneous Intermediation, Use of Funds, Applications Software Pkgs NEC (Micro), Applications software, Data Distilleries

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New investors to rescue Letsbuyit.com

Article Abstract:

Letsbuyit.com has found investors who are willing to infuse around $49 million to rescue the company from near bankruptcy. Since early 2001, the Netherlands-based Web merchant has been in moratorium under control of two administrators appointed by a Dutch court. Upon completion of the transaction between Letsbuyit.com and the unidentified investors, the court is expected to lift the moratorium for the company to resume operations.

Nonstore Retailers, Letsbuyit.com

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