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In Q2 2007

 

  

 

May 8, 2007

  

Annual General Meeting approves dividend; actions of the Board of Management and Supervisory Board approved by large majority.

May 29, 2007

  

DHL expands co-operation with India’s Lemuir Group.

June 8, 2007

  

Deutsche Post World Net acquires a 49% equity stake in US airline ASTAR Air Cargo Holdings.

June 19, 2007

  

Deutsche Post to open 600 new retail outlets in Germany.

June 25, 2007

  

Deutsche Post World Net acquires a 49% equity stake in US airline Polar Air Cargo.

DHL consolidates market leadership in India

DHL and the Lemuir Group have set their sights on expanding their joint venture in India. A newly formed company will pool the business activities of the existing joint venture between DHL and Lemuir with Exel India. In addition, the company will take over the Lemuir Group’s warehousing and customs clearance business. Deutsche Post World Net will hold 76% of shares in the new DHL Lemuir Logistics Private Ltd., while the remaining 24% will be held by Lemuir. This move serves to strengthen DHL’s leading position in the Indian logistics market with its estimated volume of US$45 billion.

Deutsche Post opens 600 new retail outlets in Germany

Starting in the autumn, Deutsche Post will open around 600 outlets in the new Postpoint format in Germany, thus expanding its location network to more than 13,000. The Postpoints will serve the daily needs of private households and accept letter mail, parcels and small packages. In addition, prepaid envelopes, postcards and small packages (Plusbrief, Pluskarte and Pluspäckchen) as well as postage stamps for letters and parcels will be on sale. Postpoints will be operated in co-operation with retail partners, allowing our customers to take advantage of customary shop opening times.

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