Australia's Toll says advice suggests Japan Post takeover will be cleared

Australia's Toll says advice suggests Japan Post takeover will be cleared

© Toru Hanai / Reuters

"Our legal advice is not to expect any FIRB problems," Toll Chairman Ray Horsburgh told reporters, referring to Australia's Foreign Investment Review Board.

Toll said its board has recommended Japan Post's offer.

($1 = 1.2809 Australian dollars)

(Reporting by Byron Kaye; Editing by Stephen Coates)

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