http://www.telegraaf.nl/dft/bedrijven/postnl/25881161/___Belgen_willen_PostNL_overnemen___.html
BRUSSELS (Reuters) - The Belgian postal operator bpost has released a takeover bid for TNT.
The Belgians would have been the end of March PostNL approached with an initial bid, but only at a third increase in charge of Dutch mail and parcel company expressed interest to negotiate, reports the Belgian newspaper De Tijd.
The fair value of Bpost is € 4.8 billion, almost three times bigger than TNT which in practice is a takeover of the Dutch company.
Trading in the share Bpost Friday halted on the stock exchange in Brussels. The market is awaiting a statement from the company, which is listed since 2013 but is still largely owned by the Belgian government. The share PostNL was Friday afternoon at the fair in Amsterdam on a gain of more than 5 percent before regulator AFM showed halt trading pending a press release.
PostNL last year a turnover of almost 3.5 billion euros. It employs more than 49,000 people for the postal and parcel delivery in thirteen countries worldwide. Bpost has a small 25,000 people are on the payroll and in 2015 achieved a turnover of 2.4 billion euros.