News / Toll Group denies rumours parent Japan Post is looking for a buyer

© Khunaspix Dreamstime.

Toll Group has denied it is to be sold by owner Japan Post (JP).

Toll MD Thomas Knudsen told staff today that JP had “dismissed the rumours”. (You can read more insight into this story on Loadstar Premium here.)

“You might be aware of speculation in the Australian media about plans by Japan Post to sell our business,” he wrote. “Our shareholder has  told us there are no plans to sell all or part of Toll.

“Speculation of the kind we’re seeing is not ...