SingPost to buy stake in Australian 4PL for A$84.1m

19 October 2020

Singapore Post is eyeing a 38% stake in Australian 3PL Freight Management Holdings for A$85m (US$60m) in cash.

The post company’s subsidiary, SingPost Logistics Holdings, agreed on Friday a conditional purchase that will see SingPost set up a new holding company in Australia, reports The Straits ...

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M&A Singapore Post

SingPost to buy stake in Australian 4PL for A$84.1m

Comment on this article

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SingPost to buy stake in Australian 4PL for A$84.1m

This is a Daily News Story

Comment on this article

Related Stories

Battle for freighter capacity intensifies as airlines reshape networks

Logistics and resilience are key as Saadé warns supply chain disruption is 'new normal'

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