PNL NA +18% @ 3.889
From: LAURENT CHEKROUN (MAKOR SECURITIES LO) At: Dec 24 2015 09:25:30
Subject: Fwd:>>> Royal Mail set to table EUR 5 per share takeover bid for PostNL - market rep
Royal Mail set to table EUR 5 per share takeover bid for PostNLRoyal Mail [LON:RMG], the UK-based postal service is about to submit an EUR 5 (GBP 3.66) per share takeover bid for Netherlands-based counterpart PostNL [AMS:PNL], according to gossip cited in a market report in The Daily Mail. The newspaper did not cite a source for the speculation.A deal could be agreed early next year, the article said.The item went on to mention talk that German rival Deutsche Post [ETR:DPW] is also interested in PostNL.PostNL’s share price closed EUR 0.18 up at EUR 3.26 in Amsterdam yesterday, 23 December, valuing the company at EUR 1.44bn.Daily Mail