Platinum Equity sells Livingston to Purolator
PRESS RELEASE Feb 04, 2025, 14:15 ET North American full-service customs brokerage firm divested following multi-year transformation campaign Platinum ...
… enough to our estimates, folks, to uncork the champagne!
Well done, anyway, finding a buyer wasn’t easy.
First take: given the latest news (as expected) today – “Toll announces sale of Global Express business” – and related background it was always expected in the past 24 hours to be a sale worth somewhere less than A$10m – yes, millions.
For an asset generating about A$3bn of revenues. Yes, billions.
Toll Group wouldn’t comment on the size of the transaction, which includes some debt taken ...
Disappointing results for DSV – and Schenker integration will impact revenue
Panama gives in as US pressure on Panama Canal intensifies
Chaos swirls in wake of Trump de minimis move
More blanked sailings: 'Carriers will not sit on their hands while rates collapse'
Maersk paying $100,000 a day to charter scarce post-panamax box ships
De minimis cut won't hurt demand for Chinese ecommerce, but for air cargo?
Tariff truce for Canada and Mexico – China retaliates, but lightly
Maersk eyes 'cut and run' moves as port congestion brings delays
Comment on this article