DPD UK to acquire CitySprint from LDC.

DPD UK, a parcel delivery network, agreed to acquire CitySprint, a premier same day delivery company, from LDC. Financial terms were not disclosed. This transaction is subject to approval by the Competition and Markets Authority and is expected to complete later this year. "We are pleased to be joining DPDgroup and excited about the new opportunities for growth this will bring. Our two businesses are experts in their respective fields, with very complementary offers. This move is testament to both the continued strong demand for same day delivery and our successful growth strategy. We look forward to working with DPDgroup to explore new opportunities for our same day expertise and services," Gary West, CitySprint CEO.