September 19, 2019 / 11:04 AM / a month ago

Deutsche Post's DHL preparing sale of supply chain operations in Africa

BERLIN (Reuters) - DHL, the logistics arm of Deutsche Post (DPWGn.DE), is preparing to sell its supply chain business operations in Africa, Germany’s manager magazin said on Thursday, citing sources at the company.

The report said the business could be worth around 500 million euros ($553.20 million).

Deutsche Post was not immediately available for comment.

Reporting by Tassilo Hummel; Editing by Michelle Martin

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