Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
ID
147367623
© Sasinparaksa
|
Dreamstime.com
I got a rather unexpected call from a gentleman earlier this month ahead of Japan Post’s trading update. The hot but stale topic was: the latest developments at Toll Group, the 3PL arm owned by the Tokyo-based conglomerate.
New targets
Japan Post Holdings’ interims last week came alongside a bunch of initiatives* aimed at preserving cost of capital and propping up book value over time – as the group stressed, it wants to achieve higher return on equity, acting on the three ...
Comment on this article