Toll Holdings' shareholders have overwhelmingly backed a Japanese takeover of the Australian logistics company.
More than 99 per cent of votes were in favour of Japan Post's $6.5 billion takeover on Wednesday.
The company, founded 127 years ago by Albert Toll, is expected to end trading on the Australian share market by Thursday's close.
Japan Post will take complete ownership of the Melbourne based company which will be known as Toll Group.
Toll's chairman Ray Horsburgh told shareholders before the vote that Japan Post had made it clear that they want "the Toll team" to lead their global growth strategy.
"Japan Post is not buying commodities; it is acquiring the skills and knowledge of Toll employees," he said.
He also paid tribute to the company's rich Australian history.
"The company has grown from a single horse and cart founded by Albert Toll in 1888 into a multinational giant providing customers across the globe with a diverse range of transport and logistics solutions," he said.
Toll shareholders are due to be paid $9.04 per share on May 28.
The deal has had to jump through a number of regulatory hoops with the last one being approval from the Supreme Court of Victoria.
A hearing is set for Thursday for Toll to register the results of the shareholder vote with the court.
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