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SingPost Completes Sale of FMH, Unlocking S$289.5 Million[1] Gain

  • Written by PR Newswire Asia - Asian Spectator
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 ("PEP"). The sale, valued at an enterprise value of A$1.02 billion (approximately S$867.0 million), marks a...

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