KEY POINTS:
Toll NZ called for a halt in trading of its shares this morning pending an material announcement about the company's ownership later today.
Toll is 85 per cent owned by Australia's Toll Holdings.
The company, whose shares last traded at $2.80, is capitalised at $588m.
A takeover at around $3.00 a share would cost Toll Holdings just under $100m to take out minorities.
- NZPA
