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PostNL N.V.

PostNL N.V.

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Publicatie datum 30 apr 2015 - 08:30
Statutaire naam PostNL N.V.
Titel LDC concludes discussion with PostNL on investment in Whistl UK E2E operations
Bericht PRESS RELEASE LDC concludes discussion with PostNL on investment in Whistl UK E2E operations London / The Hague, 30 April 2015 – LDC has notified PostNL that, due to ongoing changes in postal market dynamics and the complexity of the regulatory landscape, it will not proceed with the discussion on the proposed investment in Whistl UK to fund the further rollout of its current end to end (E2E) activities. Now that these discussions have concluded, we will assess alternative scenarios for Whistl’s E2E operations and remain committed to further developing Whistl’s successful activities in the UK. In the meantime, the roll-out of E2E continues to be on hold. Whistl continues to be the leading alternative postal service for customers in the UK. - ENDS - About LDC LDC is the leading private equity company in the UK mid-market. LDC is part of the Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority. It has completed over 485 investments and has ongoing interests in over 85 businesses in the UK. With a UK regional network, LDC invests up to £100m in MBOs, IBOs and Development Capital transactions in a broad range of sectors including Construction & Property, Financial Services, Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure and Support Services. Recent transactions include investments with NEC Group, PDG Helicopters, Waterfall Services, Capital Economics, Eley Group, Adler and Allan, Clifford Thames and Anite Travel. For further information, visit www.ldc.co.uk. For more information, please contact: Laura O’Meara, Citypress +44 121 314 4195 laura.omeara@citypress.co.uk About PostNL We are PostNL. We are an essential link between the physical and the online world. We have the largest network for letters, parcels and e-commerce in the Benelux countries. Our combinations of smart networks and digital applications enable us to provide our clients with valuable solutions. We live in a world where digital applications