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AUSTRIAN POST REVIEWS OPTIONS TO INCREASE THE STAKE IN TURKISH ARASKARGO

Published: June 17, 2016; 08:39 · (Vindobona)

Austrian Post acquired a 25% stake in Turkish parcel service provider Aras Kargo in 2013. At that time, Austrian Post and Aras Kargo also agreed on a call option which entitled Austrian Post to acquire a further 50% stake in the second quarter of 2016. By now Austrian Post initiated the call option procedure.

AUSTRIAN POST REVIEWS OPTIONS TO INCREASE THE STAKE IN TURKISH ARASKARGO / Picture: © Vindobona

 

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Mergers - Acquisitions -…

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AT0000APOST4