Merger With Posten AB
1 April 2008, Post Danmark announced its intention to merge with the Swedish postal company Posten AB. The joint company, which will have an annual revenue of approximately SEK 45 billion and more than 50,000 employees, will be owned by the Danish state, the Swedish state, and CVC Capital Partners. It is expected that the company will be listed on the stock exchanges of both Denmark and Sweden within 3–5 years. 24 June 2009, Post Danmark merged with Posten AB to form the new holding company Posten Norden AB, currently known as PostNord. Posten Norden AB has been renamed PostNord AB, with the Swedish government owning 60% of the company and the Danish government 40%.
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