Danzas Shareholders Give Stamp of Approval to $1.1 Billion Takeover

PARIS — Danzas shareholders approved the $1.1 billion sale of their company to the German post office, Deutsche Post, creating one of the world’s largest freight transportation groups.

Deutsche Post holds 93.3% of the outstanding shares in Danzas and has extended an offer for the remaining shares to March 5. The deal, which received shareholders’ go-ahead on Feb. 18, has been approved by U.S. and European authorities.

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