On November 20, 2000, Deutsche Post AG goes public. The largest IPO of the year in Germany and the third-largest worldwide proves a resounding success. An initial total of 29 percent of the share capital of Deutsche Post AG is sold. The immense demand, as evidenced by an eight-fold oversubscription to the shares offered in the IPO, clearly demonstrate that the Group's strategy has convinced investors and the capital market alike.
Employee participation in the subscription is strong. Some 145,000 domestic employees of the Group subscribe to more than 6 percent of the total volume, thus acquiring approximately 400 million euros in share capital.
For the time being, the IPO would crown the privatization process of the formerly government-owned company.
