Germany sells shares in postal company for $2.3 billion to help finance railway improvements
BERLIN — Germany’s state-owned development bank has sold shares in the company that owns the national postal service for about 2.17 billion euros ($2.3 billion), reducing the government’s stake and raising money to help finance improvements to the country’s rail network. The KfW bank, which holds the government’s remaining stakes in previously state-held companies, said … Read more