KLM SEEKS STAKE IN BRITISH COURIER SERVICE

  KLM Royal Dutch Airlines &lt;KLM.AS>
  said it is negotiating for a minority stake in a British and
  Commonwealth Shipping Plc &lt;BCOM.L> courier service in a
  transaction which might include a convertible loan issue.
      KLM, already active in the fast growing door-to-door
  delivery market through a 50-pct stake in a Dutch courier
  service, is seeking to buy one-third of &lt;IML Air Services Group
  Ltd> from British and Commonwealth.
      The two companies agreed earlier this month for KLM to take
  a 15-pct stake in British and Commonwealth commuter airline Air
  U.K. Ltd in a deal worth around two mln stg.
  

