Business
Bidders galore: Japan Post’s Toll nightmare attracts bargain hunters – The Australian Financial Review
Nothing’s been simple for Japan Post at Toll – so it’s fitting that its partial exit should also prove extremely complex.
While it’s good to have heaps of interested parties, it’s created a headache for Japan Post, Toll management and others involved in the sale. Dealing with all the parties is a logistical nightmare, even for a logistics specialist.
Big biters
Bidders for the whole lot include Australia’s Anchorage Capital Group and Allegro Funds who are probably the country’s best-known turnaround investors. The messier the situation, the more these two get interested.
Both are understood to be keen to refine Toll’s…
-
General19 hours agoGerman backpacker Carolina Wilga found alive in WA’s outback
-
Noosa News22 hours agoAustralian NFL player Laki Tasi comes home to convince kids to switch codes
-
Business22 hours agoHow $1,000 a month in this ASX ETF could turn into $500,000
-
Noosa News21 hours agoInside the final hours before Australian lawyer Christopher Saines died in Thai massage parlour