NZZ Group, Tamedia and Swiss Post sign contracts for the transfer of early delivery services
The transfer of early-morning delivery operations from the NZZ Group and Tamedia media companies to Swiss Post, which was announced in the fall of 2008, is set to be completed; the relevant contracts have been signed. At the same time, Tamedia is set to acquire a majority stake in the Search.ch internet portal.
The transfer of the early delivery activities of the NZZ Group and Tamedia media companies to Swiss Post, which was announced in fall 2008, is to be completed. The two media companies and Swiss Post have signed corresponding contracts in the last few days, according to a press release issued on Monday. The transactions have been reported to the Swiss Federal Competition Commission.
Following the approval of the Competition Commission, an efficient early delivery organization for German-speaking Switzerland is to be created under the management of Swiss Post, in which the NZZ Group and Tamedia will retain a 12.5 percent stake. At the same time as the transfer of early delivery, Tamedia is to acquire a majority stake in the internet portal Search.ch. The three companies will thus concentrate more on their core business.
Following the approval of the Competition Commission, an efficient early delivery organization for German-speaking Switzerland is to be created under the management of Swiss Post, in which the NZZ Group and Tamedia will retain a 12.5 percent stake. At the same time as the transfer of early delivery, Tamedia is to acquire a majority stake in the internet portal Search.ch. The three companies will thus concentrate more on their core business.
