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SingPost to divest Australia business at A$1.02bn in enterprise value

  • Written by PR Newswire Asia - News Pronto RSS
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- Australia business to be acquired by Pacific Equity Partners for A$775.9 million in cash

- Gain on disposal of approximately S$312.1 million

- Crystallises and unlocks value for shareholders

SINGAPORE, Dec. 2, 2024 /PRNewswire/ -- Singapore Post Limited ("SingPost") today announced that it has entered into a sale and purchase agreement with Pacific...

Read more: SingPost to divest Australia business at A$1.02bn in enterprise value