![SingPost Completes Sale of FMH, Unlocking S$289.5 Million[1] Gain](http://prnewswire.vietreader.com/thumb/190x300/2025-03/singpost-completes-sale-of-fmh-unlocking-s2895-million1-gain-1.jpg)
SingPost Completes Sale of FMH, Unlocking S$289.5 Million[1] Gain
SINGAPORE, March 27, 2025 /PRNewswire/ -- Singapore Post Limited ("SingPost") today announced the successful completion of the divestment of its Australian logistics business, Freight Management Holdings ("FMH")[2] to Pacific Equity Partners...
SingPost to divest Australia business at A$1.02bn in enterprise value
- 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...