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Eyes on Team Global Express’ soaring loan bill

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Allegro’s Team Global Express is getting a lot of attention as the business fields inbound interest from cashed-up overseas buyers.

Under Christine Holgate’s customer-centric leadership, the group has done a complete 180, delivering a 17 per cent increase in top-line revenue growth to $3.7 billion for the 2023 financial year. This includes the Australian Parcels Group, Strait Link and the NZ operations.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/eyes-on-team-global-express-soaring-loan-bill-20230919-p5e5vb