M&A radar: Toll Group sells US parts, as divestment campaign begins...
The wind blowing this Indian summer has a wonderful smell; so many deals, however small ...
By Alex Lennane
It’s been a tough year for Toll – and it now appears to be up for sale. After the extraordinarily high-priced acquisition by Japan Post in 2015, for $4.64bn, the pair seem to have eluded success. And, according to Reuters, Japan Post is sounding out brokerage firms to get advisors for the deal. It comes as little surprise – the more interesting question is who will buy?
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