Subscribe to RSS feedToll’s Asian footprint up with Qantas deal
by
Sineva Toevai
—
last modified
Jun 21, 2010 12:04 PM
A TOLL Holdings push to enlarge its presence in the express freight market has taken another step forward with the logistics group announcing plans to buy the Asian freight and courier business of Qantas Airways.
The acquisition of DPEX Group is expected to complement its Toll Global Express (TGX) division, contribute $30m of revenue to the group and be earnings per share accretive in year one, Toll managing director Paul Little said.
“DPEX will...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Rena officers sent to prison
- New salvage facility for Cairns
- Worker dies in Newcastle wharf tragedy
- Major supramax markets diverge
- Panama Canal fees hike planned for July
- 12% of world tanker fleet facing scrapping
