Aramex acquires Fastway for AED 294m

Dubai-Mubasher: Aramex announced its acquisition of New Zealand-based Fastway Limited (Fastway Couriers), according to a bourse filing on Thursday.

The deal involves a 100% buyout of the company’s business in New Zealand and Australia for around AED293.650 million (NZD 125.277 million).

Mubasher Contribution Time: 21-Jan-2016 05:23 (GMT)