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Merger talks between the Belgian and Dutch postal services fall through

Merger talks between the Belgian and Dutch postal services fall through. The Belgian service Bpost, which is 51% owned by the Belgian government, made a bid for the Netherlands’ PostNL, which was privatized in 1989. “Analysts said a tie-up between the two companies would make strategic sense but that the Belgian government's stake may have posed an obstacle to a deal.”

Source: WSJ