DUBAI - GeoPost, the express parcel arm of French Groupe La Poste, has acquired a 20.15% stake in Dubai-listed courier firm Aramex, according to a regulatory filing on Wednesday.

The French express logistics firm acquired about 295 million shares in Aramex, valuing the deal at 1.4 billion dirhams ($381.18 million), a filing on the Dubai Financial Market showed.

($1 = 3.6728 UAE dirham)

(Reporting by Hadeel Al Sayegh, Editing by Louise Heavens) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))