VIDEO: Finance Latest News: Bidders Line up for Siemens Postal Machines Unit

Two sources familiar with the transaction said Germany’s Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations and shed non-core assets. The postal operation, which counts the U.S. Postal Service and Deutsche Post among its customers, has benefited from the growing number of consumers shifting to internet shopping.

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