<p>Toll Holdings’s Asian ambitions are developing, with managing director Paul Little visiting India for talks with Indian firm Tata, according to a report in the <em>Australian Financial Review</em> today (Monday, June 4).</p> <p>The newspaper reported Mr Little as saying he would like to form a joint venture with the industrial giant.</p> <p>Mr Little said he had a close relationship with Woolworths chief executive Michael Luscome and that Mr Luscome had close links with Tata “so it was good for us to meet”, when he was in the country last week.</p> <p>Mr Little made mention at the sidelines of last week’s extraordinary general meeting of India as an important emerging market for Toll.</p> <p>Mr Little told a conference in Sydney on Friday that the chance of a private equity approach for the restructured company was unlikely, the <em>Sydney Morning Herald</em> reported on Saturday.</p> <p>“I’m not saying it’s impossible [they could make an approach] but I think it is unlikely,” he said.</p> <br />
