Freightways says nothing to see here amid Aussie M&A rumours

(Image: Supplied)

Mon, 24 Apr 2023

Freightways said it’s meeting its continuous disclosure obligations amid reports across the Tasman that the New Zealand courier and information management firm is the likely buyer of Australia’s Direct Couriers business. The Australian newspaper reported on Monday that Freightways is the likely buyer of the small Australian courier company, Direct Couriers, which operates more than 1,250 vehicles in Sydney, Melbourne, Brisbane, Perth, Adelaide and Auckland. Freightways didn’t immediately respond to BusinessDesk inqui...

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