DUBAI, Aug 9 (Reuters) - Australia Post has bought a 4.5 percent stake in Aramex ARMX.DU , the Dubai-based logistics firm confirmed on Tuesday.
Aramex said it was confirming a statement by the Australian postal service's spokesperson last week. Australian media reported Australia Post had spent nearly 100 million Australian dollars ($76 million).
It is the second significant purchase of Aramex shares by strategic investors in recent weeks; last month, sources said Dubai entrepreneur Mohamed Alabbar had led two investor groups in buying a combined 16.45 percent stake in Aramex, which involved the divestment of founder Fadi Ghandour's remaining 9.9 percent shareholding.