Singapore Post unit to buy Australia-based distribution firm Border Express

Singapore Post unit to buy Australia-based distribution firm Border Express

The SingPost sign at a post office in Singapore November 2, 2015. REUTERS/Thomas White

Singapore Post said on Wednesday its Australian unit has entered an agreement to acquire transport and distribution services company Border Express for not more than A$210 million (S$181.8 million) to expand its logistics network in Australia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter