Netherlands-based mail and express operator TNT disclosed on 8 April that it was considering a sale or possible public listing of its mail operations, fueling renewed speculation about a potential break-up of its business. Investors responded by driving the company's share price to a 19-month high, in anticipation of a bidding war for its Express division.rnIn the past, TNT had indicated it was looking at various partnership options as a way to best position its declining (but profitable) mail business for the future, but at its Annual General Meeting CEO Peter Bakker said the company would now carry out an internal legal and financial carve-out of its mail operations.
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