Ascential Shareholders Approve Informa’s Takeover Bid

Ascential (GB:ASCL) has released an update.

Shareholders of Ascential PLC have overwhelmingly voted in favor of a cash acquisition offer by Informa PLC, marking a pivotal move towards the merger of the two companies. The approval, achieved through a court-sanctioned scheme of arrangement, saw near-unanimous support in both court and general meetings. The merger’s completion remains subject to remaining conditions and court approval, with a detailed timetable available for stakeholders.

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