UPDATE: NZ Post to sell Australian Couriers Please unit

Mon, 21 Jul 2014

(Updates to show drop in goodwill offset by increase in brands value in 3rd graph) By Paul McBeth July 21 (BusinessDesk) - New Zealand Post, the state-owned mail delivery service, is wants to sell its Australian Couriers Please unit in its latest move to rejig its ailing business. NZ Post took full ownership of the courier business in 2012, and valued the unit's goodwill at $38.2 million as at June 30, 2013, down from $65.1 million a year earlier, according to its latest annual report. The reduction was offset by some $21.6 million...

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