Loss-making Toll Group sells hard assets to rein in cash

Here comes our usual pay-to-play (A$52 per file!), mid-summer update regarding Toll Group after the Australian 3PL lodged its annual results (to the end of March) with the Australian Securities and Investments Commission a couple of weeks ago. The good news? Well, pass. Or? Delve into the financials and “assets held for sale” on the left side of the balance sheet provide some relief. The bad news? Read full article →