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The state-owned development bank KfW sold 50 million shares in Deutsche Post AG on Tuesday. The share price was 43.45 ($46.74), the bank announced late on Tuesday evening. This means that the German state will receive more than 2.1 billion gross. The Xetra closing price was 44.41. The accelerated procedure was aimed at institutional investors. The sale reduces the states stake to 16.5%. KfW remains the largest shareholder in Deutsche Post. The logistics and postal company has been operating under the name DHL Group since mid-2023. The placement weighed on the companys share price. In afte