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The logistics sector is set to see one of the largest acquisitions to date after it was announced in Sydney this morning that the board of Australia’s Toll group has unanimously approved a takeover bid from the Japan Post group.

The bid, for 100% of Toll’s shares, which are traded on the Australian Stock Exchange, values the company at US$5.1bn, making it one of the biggest takeovers in the sector – only slightly smaller than the €5.5bn that DHL paid for ...

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  • Suren

    February 25, 2015 at 7:21 pm

    Keeping competition alive is the way to keep business dynamic. especially in the field of logistics and freight forwarding. Bigger players will push medium sized and small sized players from the field. The smaller and medium sized companies offer a better service in comparison to the bigger one. I speak from experience!