Almost six months after DIRECT COURIERS (AUST) PTY LTD was placed on the block, sources say it's close to finding a buyer. Some are pointing to the NZD 1.6 billion New Zealand-listed courier Freightways Group Limited (NZSE:FRW) as the likely acquirer. Team Global Express, the business purchased by Allegro Funds from Toll, looked at Direct Couriers but walked away, sources say.
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5-day change | 1st Jan Change | ||
8.45 NZD | -0.35% | +1.08% | -0.59% |
Mar. 28 | Freightways Group Sets AUD FX Rate for 2024 Interim Dividend | MT |
Feb. 18 | Freightways Group Fiscal H1 Profit Slides | MT |
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-6.72% | 125B | |
+2.89% | 64.14B | |
-14.35% | 50.16B | |
-9.09% | 16.31B | |
+21.53% | 8.22B | |
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-19.66% | 6.65B | |
-15.91% | 6B | |
+17.13% | 5.2B |
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