According to the Financial Times, TPG - TNT POST GROEP is considering selling the international courier business for companies located in the Netherlands of its subsidiary TNT INTERNATIONAL so as to satisfy the European competition authorities, concerned at a planned joint-venture between the Dutch postal services and its British and Singaporean counterparts. Called DELTA, the joint-venture would be held to the tune of 51% by TPG and 24.5% for each of the other two partners and have a total of 450 million euro in turnover. See EI of 30&31 October 2000 and EUROPE of 18 November 2000, page 15.