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DHLGY Deutsche Post AG (PK)

42.36
0.70 (1.68%)
24 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Deutsche Post AG (PK) USOTC:DHLGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.70 1.68% 42.36 41.58 43.00 42.47 42.175 42.33 87,693 21:06:26

DHL Supply Chain to Invest EUR350 Million to Expand Southeast Asia Warehousing

17/10/2023 8:52am

Dow Jones News


Deutsche Post (PK) (USOTC:DHLGY)
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From May 2023 to May 2024

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By Pierre Bertrand

 

Deutsche Post's DHL Supply Chain will invest 350 million euros ($369.7 million) in Southeast Asia in a bid to boost its customers' supply chains.

Deutsche Post said that DHL Supply Chain will build 400,000 square meters of warehouse space across the region and plans to create, by 2024, more than 3,000 jobs to meet growing demand.

The funds will be invested over the next five years and are part of a number of strategic investments announced over the year, so far adding up to EUR1.35 billion, it said.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

October 17, 2023 03:37 ET (07:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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