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SingPost in 'exclusive' talks over divestment of Australia assets

The Edge Singapore
The Edge Singapore  • 1 min read
SingPost in 'exclusive' talks over divestment of Australia assets
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Singapore Post says it is in "exclusive discussions" with a potential buyer for its Australia business, as part of its "strategic review" flagged since June this year.

However, SingPost notes that there's no definitive transaction in relation to the Australia business, including any possible sale, yet.

"There is still no certainty that any such transaction will materialise," the company says.

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