Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity - Bloomberg
Frank Appel, chief executive officer of Deutsche Post AG (DPW), comments on rival United Parcel Service Inc.’s proposed acquisition of TNT Express NV. (TNTE)
On UPS-TNT deal:
“If two competitors are integrating, that creates opportunities for the market leader. When they are busy internally, we will be busy with our customers, which I think is a significant competitive advantage.”
Frank Appel, chief executive officer of Deutsche Post AG (DPW), comments on rival United Parcel Service Inc.’s proposed acquisition of TNT Express NV. (TNTE)
On UPS-TNT deal:
“If two competitors are integrating, that creates opportunities for the market leader. When they are busy internally, we will be busy with our customers, which I think is a significant competitive advantage.”
