Bell tolls for Toll

ICONIC Australian transport and logistics business Toll Holdings has accepted a $6.5 billion takeover offer from Japan Post, which will position the Japanese firm at the heart of many Australian businesses.

Bell tolls for Toll Bell tolls for Toll Bell tolls for Toll Bell tolls for Toll Bell tolls for Toll

The Toll business was founded in Newcastle, Australia in 1888 by Albert Toll.

The scheme of arrangement, which has been accepted by Toll’s board, involves a $9.04 per share cash offer priced at a 49% premium to yesterday’s closing price of $6.

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