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News / Toll sells express division to PE fund Allegro, which pledges A$500m injection

Toll's_Electric_Vehicle_(13615926065) (1)
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Troubled Australian logistics operator Toll Group is set to sell its express division to Australian private equity house Allegro Funds for a reported A$10m, leaving the country’s largest 3PL with forwarding and contract logistics operations.

Although neither Toll nor Allegro confirmed the size of the deal, ...

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