D.Post CEO wants to sell U.S. DHL business - paper

FRANKFURT, Jan 24 (Reuters) - Deutsche Post (DPWGn.DE: Quote, Profile, Research, Stock Buzz) wants to sell its loss-making U.S. DHL business to rival Fedex (FDX.N: Quote, Profile, Research, Stock Buzz) and talks are underway, the Financial Times Deutschland reported, quoting sources familiar with the matter.

Deutsche Post Chief Executive Klaus Zumwinkel "wants to leave the company in a clean condition" and is under pressure as he retires from his post in November, a manager at the German mail and logistics group was quoted as saying in a report to appear on Friday.

The firm wants to sell DHL at the latest by May, the newspaper added.

A Deutsche Post spokesman described the report as speculation. "We cannot comment on this," he added.

FedEx spokesman Howard Clabo said: "We do not comment on rumours or speculation".

Meanwhile, Deutsche Post Chief Financial Officer John Allan told the Frankfurter Allgemeine Zeitung newspaper that his company wanted to decrease its DHL business in the United States but did not want to sell it fully.

"Selling the domestic American business is very, very unlikely," he was quoted as saying in a newspaper report also to appear on Friday.

The United States plays an important, strategic role in the international express delivery market for DHL and Deutsche Post does not want to abandon its important hub in that market, he said.

But losses that the company has recorded in the United States until now are not acceptable any more, Allan said.