&gt;&gt; I don&#x27;t believe the rumored sales price of $4B. It&#x27;s just too cheap<p>Interesting.  I have no expertise in this space, but someone that does says $5B is a generous valuation, and $4B is correct.<p><i>&quot;“It is a rich valuation, but is not prohibitive, particularly given that Japanese companies tend to overpay in mergers and acquisitions. At $5bn, DHL Global Forwarding, which has paltry margins, would be valued at about 0.33x sales and 15x EBIT, assuming sales and EBIT have not changed much year-on-year...A $4bn price tag would make even more sense, based on fundamentals.”</i>[1]<p>[1]<a href="http:&#x2F;&#x2F;theloadstar.co.uk&#x2F;deutsche-post-ponders-sale-dhl-global-forwarding-japan-post-likely-buyer&#x2F;" rel="nofollow">http:&#x2F;&#x2F;theloadstar.co.uk&#x2F;deutsche-post-ponders-sale-dhl-glob...</a>