Japan Post Holdings on acquisition trail, and not just logistics

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After what couldn’t have been a firmer denial from Deutsche Post-DHL chief executive Frank Appel that the company had been in talks to sell its DHL Global Forwarding arm… Japan Post, the rumoured buyer, has revealed that it has a $12bn warchest for purchases after entering the general logistics market with it $4.1bn acquisition of the Australia’s Toll Holdings last year. But just the fact that it said targets would “not be limited to logistics”, implies just how much they are ...