Independent journal on economy and transport policy
14:43 GMT+2
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Offered of the postal group Japan Post in order to buy the entire capital of the logistic company and marine Toll
the proposal is approved of unanimously by the Board of the Australian group
February 18, 2015
the Japanese postal group Japan Post has introduced an offer of takeover on the logistic group and marine-harbour Toll of the value of approximately 600 billion yen (five billions of dollars) that it has received the unanimous approval of the board of directors of the Australian company, that has sottolineatocome the payment of 9,04 dollars for cash each action of the Toll yesterday represents a prize of 49% on the price of closing of the title to the Stock exchange and a prize of 53% regarding the average price of last the three months.
"We are pleased to recommend the shareholders - the managing director of the Australian group has declared, Ray Horsburg - than the Toll joins to Japan Post. Japan Post is one of the logistic society and postal world leaders and Toll are the greatest independent logistic group in Asia and Oceania. Together we will constitute a union much fort and one of the first five logistic societies of the world".
the shareholders of the Toll will be to express a ballot on the offer in occasion of the assembly that will hold the next May.
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