AFR: Qube eyes Toll acquisition as net profit tumbles

The Australian Financial Review reports:

Qube Holdings would consider buying parts of the Toll Group if the transport and logistics company were to split up, managing director Maurice James said after reporting a 55 per cent fall in annual profit to $87.5 million.

“There is obviously parts of Toll we would have an interest in,” Mr James told The Australian Financial Review, adding these included Toll’s bulk freight operations, its oil and gas logistics business, and its government services arm.