ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

Japan Post considers sale of Australian logistics business

Toll weighed down by domestic delivery and international forwarding losses

Japan post
Japan Post looks to sell off parts of Australian logistics company Toll. Japan Post acquired Toll Holdings in 2015.

TOKYO -- Japan Post Holdings has started discussions to sell off businesses of an Australian logistics company that it acquired in 2015 for 620 billion yen ($5.8 billion) as it sought to globalize its operations, Nikkei has learned.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more