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Deutsche Post AG is a German courier company and the world's largest. With its headquarters in Bonn, the corporation has 467.088 employees in more than 220 countries and territories worldwide. Deutsche Post is the successor to the German mail authority Deutsche Bundespost, which was privatized in 1995. Currently, 21% of its shares are held by the State-owned KfW bank, 79% are freely floating; 65.6% of which are held by institutional and 13.4% by private investors.