AMSTERDAM, April 30 (Reuters) - PostNL, theNetherlands-based postal company, said on Thursday it had endedtalks with LDC on expanding PostNL's "Whistl" subsidiary inBritain to include broader "end-to-end" services.
In late 2013 PostNL announced plans for LDC to fund a majorexpansion of Whistl's services to challenge Royal Mail. LDC was to have taken a 40 percent stake in a joint ventureencompassing Whistl's current activities.
PostNL said the unit had 221 million euros (160 millionpounds) in revenue in the fourth quarter of 2014.
PostNL spokeswoman Karen Berg said on Thursday Whistl isprofitable and the company is now considering plans for theunit, including looking for other investors to pursue anexpansion. "All options are open," she said.
LDC is the private equity arm of Lloyds Banking Group.(1 British pound = 1.3875 euros) (Reporting By Toby Sterling)