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Toll Holdings Limited (‘Toll’) is another major logistics company, but its operations are in road, warehousing and distribution. Toll has subsidiaries in New Zealand and some Asian countries on a joint-venture basis or through domestic clients. The firm’s strategy is to maintain services in Australia and seek international opportunities or strengthening existing positions.
On the 22nd August 2005, Toll launched a bid for Patrick with a view to providing a fully integrated transport and logistics company in Australia. The management at Patrick immediately rebuffed the offer but as of 14th April 2006, accepted a significantly revised offer...
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