Comment / Outbound SingPost M&A: Down at the Border

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It’s one of those smallish deals under the radar, but worth pursuing: Singapore Post (SingPost) has purchased Australian, family-owned transport company Border Express.

Let’s look at what role this cross-border deal plays in the acquirer’s overall strategy.

Overnight sensation: 40 years in the making

Singapore Post, via its Australia-based subsidiary Freight Management Holdings (FMH), has announced its intention to buy Border Express for A$210 million, you read it here this week.

It is a conditional agreement, subject to both parties ...