Toll, Australia Post tipped to compete for parcel plums

A MACQUARIE Equities Research paper has raised the intriguing possibility of private enterprise firm Toll Holdings battling government-owned firm Australia Post for Australian air Express (AaE) and Startrack Express (STE).

The Macquarie Bank analysts did not raise the issue specifically but the logic is visible there.
In its latest Themed essentials – potential M&A sector opportunities series, for transport and aviation, they noted that Toll was cashed up.
“We estimate...

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