Japan Post ups the ante; Crescent bankers up; Jarden eyes Baillieu

Good evening,

Five years since buying Toll Holdings for $8 billion, Japan Post has kicked its exit plans up a gear.

Tonight, we provide a full update on the mooted sale process and reveal what the next item on Japan Post’s agenda is before it starts approaching suitors. It’s an important next step that has the potential to play a big role in the sale and we unpack why.

Meanwhile, local private equity firm Crescent Capital Partners has appointed an investment bank to sell its medical centres business, Myhealth Medical Group.

Finally, we reveal which stockbroker and advisory firm is eyeing EL&C Baillieu, and there’s a listed investment company looking to change direction.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd
Street Talk Editors