PostNord gets approval for logistics takeover

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Thursday, May 17, 2012

Scandinavian postal operator PostNord said it has received government approval to acquire Sweden’s largest third-party logistics company. In March, PostNord announced plans to buy Green Cargo Logistics from Swedish state-owned Green Cargo. The postal operator has been given approval by the Swedish Competition Authority to proceed with the acquisition, which will include property and buildings. Both Green and PostNord said the deal should be completed by the ...

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