Mr Joy: CEO eye – the lying kangaroo
Exposed
Market sources say that Japan Post is exploring all options for its subsidiary Toll Group, which was acquired by the state-owned conglomerate for $5.1bn in May 2015.
Background
On the day the huge – and very expensive – Toll deal was announced just about four years ago, The Loadstar reported “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 ...
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Alex Lennane
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