DHL to buy majority share of Indian delivery company
DHL said it plans to spend 128 million euros ($166 million) to acquire a 68-percent stake in Blue Dart, a domestic courier and air express package delivery company in India.
DHL said Blue Dart has an extensive network in India that will allow it to offer new levels of domestic and international service in the growing market. Blue Dart will be managed as a standalone company by existing management.
DHL to buy majority share of Indian delivery company
