The recent announcement that Japan Post have finally unloaded Toll's Global Express to Apollo Equity Partners will bring a sigh of relief in Japan Post's boardroom and a wry smile to the face of Apollo's Leadership. Better still, the appointment of Christine Holgate as Global Express' CEO is a smack in the teeth for Australia Post. Watch this space (if you will excuse the pun)
Robert and Toby are by no means experts on the initial acquisition of Toll Group by Japan Post and the debacle that followed, but in today's episode we do try and pick the deal apart and break it down to the key factors that influenced one of the biggest acquisition mistakes in recent history.
Do you agree with us? Can you add any more flavour to the mix?
Let us know, or wait until next week when we will unpick another M&A disaster