Nisa shareholders back Co-op takeover
The shareholders of Nisa, the convenience retail specialist, have approved the £137m takeover by the Manchester-based Co-operative Group.
At a meeting in Leeds yesterday (Monday, November 13), members voted 75.79% in favour and 24.21% against Co-op’s offer.
The offer requires clearance from the Competition and Markets Authority, which is expected around the end of March next year.
Nisa chairman Peter Hartley said: “We are delighted that our members have chosen in such significant numbers to vote in favour of Co-op’s ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
