Seeking to persuade more investors, Belgium's post service intends to make a stock market debut this month. Bpost has a valuation of US$3.9 billion and looks at encourage investors for it to better adapt with the current demand for parcel delivery.

After more than three years, Belgium post's IPO will be closely watched in Britain. Bpost is also eyeing at floating the Royal Mail later this year. This would mean that it will be the biggest privatization to occur for twenty years.

CVC, a private equity firm, announced Thursday that it plans to sell its stake of 23.5% in Bpost. The cost is at EUR12.5 and EUR15 per share.

This would rise between EUR587.5 million and EUR840 million making the initial public offering the biggest in Brussels.

The Belgian government will hold on to its stake that is at 50% plus one. The planned share price would value Bpost at about fourteen to seventeen times than its net profit of EUR174.2 million last year.