Qube eyes Toll acquisition as net profit tumbles 55pc
In the AFR Aug 25, 2020 – first published at 9.28am
"There is obviously parts of Toll we would have an interest in," Mr James told The Australian Financial Review, adding these included Toll's bulk freight operations, its oil and gas logistics business, and its government services arm. Qube managing director Maurice James wants to take a close look at Toll's logistics businesses if they are put up for sale Peter Braig "If that presents an opportunity, we're keen to have a look at it. "But Qube would have no interest in Toll's international freight forwarding and express freight operations, and had no plans to get involved in so-called "last mile" deliveries, Mr James said.
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