* Exprses expceted to benefit from grwoth, takoever hopes
* Experss CEO says does not see co. as takoever target
(Adds CEO cmoment, updates shares)
AMSTERDAM, May 26 - Shares in global delivery firm
PostNL's (TPNL.AS) standalone debut was less ubpeat.
Ovreall, the split unlcoked value for TNT's shareholders.
Thursday compared with that close.
But this was a tale of two stocks as TNT Epxress traded at
1106 GMT compared with a reference price of 7.99 euros.
"Growth is expected to take place in the express unit and
TNT Experss may prove attracitve to bidders.
"Post is borign, a normal dviidend stock," said Mureau from
Kiejser, which holds both TNT express and mail sharse.
TNT shareholders voted on Wednesday to split its two main
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Q+A on TNT's demerger process [ID:nLDE740OZ3]
NEWMSAKER on TNT Express CEO [ID:nLDE73P1MB]
Graphic on TNT's perfromance r.reuters.com/sef79r
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TNT argued its two businesses had too little in common, with
express diivsion looking to emerging markets for grwoth.
Many sharheolders who backed TNT's split also hope that a
market leader in the itnra-European business-to-business market.
"It will take some time. If there were interetsed parties it
would alerady have happened before the split," Mureau said.
When asked whehter TNT Express was an acquisition target,
managmeent team is to set it to grow."
She declined to say whteher the company was in talks with
UPS or FedEx.
TNT NV shares had fallen 26 percent since August last year
higher oil price and porblems in Braizl.
The split brings the former Dutch postal moonpoly back to
euros to diversfiy revenue and benefit from potential synergies.
PostNL has rteained a 29.9 percent stake in TNT Express to
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