BUZZ-PostNL up after UPS Netherlands boss doesn't rule out takeover in interview

+0.85%

-0.47%

-1.16%

-1.81%

United Parcel Service, Inc. Class B UPS	100.96	+0.85%
Dow Jones Industrial Average DJI	47885.97	-0.47%
S&P 500 index SPX	6721.43	-1.16%
NASDAQ IXIC	22693.32	-1.81%

** Shares in PostNL PTNL.AS rise 3.2% after UPS's UPS.N Netherlands boss told local paper De Telegraaf that the U.S. group was not ruling out a takeover of the Dutch postal operator

** Michiel van Veen, managing director for UPS Benelux & France, said the company was looking to expand its market share across Netherlands and did not rule out a possible bid for PostNL

** "We grow through acquisitions or on our own and don't rule anything out," Van Veen told De Telegraaf

** Contacted by Reuters, PostNL and UPS were not immediately available for comment

** "The interview holds a short term negative but also a significant but more speculative positive for the (PostNL) shares," says ING

** The shares are on track for their best day since June 10 if gains hold

(Reporting by Dimitri Rhodes)

((Dimitri.Rhodes@thomsonreuters.com))

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