• Kyodo News

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Japan Post is looking at acquiring Nippon Express Co.’s Pelican parcel delivery service because an existing plan to run their combined services as a joint venture is unviable, industry sources said Thursday.

Japan Post Service Co., the branch of the group responsible for handling mail service, intends to make a decision on turning the joint venture, JP Express Co., into a wholly owned subsidiary by the end of the year, they said.

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