November 16, 2017 / 9:05 PM / a year ago

Belgium's Bpost finalizes purchase of U.S. e-commerce firm Radial

BRUSSELS (Reuters) - Bpost (BPOST.BR), Belgium’s national postal deliverer, said on Thursday it had finalised the purchase of U.S.-based e-commerce service provider Radial [EBAYG.UL].

Bpost said it had received all the necessary approvals from competition authorities and that the acquisition would also bring know-how in e-commerce services, including payment, tax and fraud protection and custom care for brands and retailers.

“In finalizing this acquisition, Bpost takes a great leap forward in becoming a leading player in the e-commerce logistics business in the Benelux, Europe, North America and throughout the world,” the company said in a statement.

Reporting by Alissa de Carbonnel @AdeCar, editing by David Evans

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