Royal Mail will now have to up its game now that Deutsche Post are coming strong into the market ,as they are a Big Worldwide player who can certainly compete as they have a well organised modern structure and are sure to put that in good use in the UK
yeah, i wasnt watching news on that, my mistake, i thought they'd drop around the end of the month as previous years, then a little drop because of workers selling, guess i should have dropped them at 520 like i was considering, oh well, they;'ll recover, i'll just keep holding
German postal firm Deutsche Post has agreed a deal to buy UK Mail for £242.7m, which will see it compete with Royal Mail for parcel deliveries. The purchase is part of a European expansion drive by Deutsche Post. I cannot see this as positive for RMG. UK mail had big problems at its automated facilities last year but an injection of cash from DP could solve those at a stroke and increase UK competition in an already tight market.
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