Freight Management Holdings Pty Ltd ("FMH"), a subsidiary of Singapore Post Limited ("SingPost" and "Group"), has entered into a conditional sale and purchase agreement with the shareholders of Border Express, Australia's 6th largest pallet and parcel distribution operator, for a maximum purchase consideration of A$210 million (approximately S$183 million).
Singapore Post said on Wednesday its Australian unit entered an agreement to acquire transport and distribution services company Border Express for not more than A$210 million to expand its.
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