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Members of UK convenience retailer Nisa back Co-op takeover

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Members of UK convenience retailer Nisa back Co-op takeover

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LONDON (Reuters) – The shopowner members of Nisa Retail, the British wholesaler and convenience retailer, on Monday voted in favour of the Co-operative Group’s <42TE.L> 137.5 million pounds takeover. Nisa said that at a court meeting held in Leeds, northern England, members voted 75.8 percent in favour of the Co-op’s offer. The offer still requires clearance from Britain’s Competition and Markets Authority (CMA) which Nisa said was expected around March next year.

(Reporting by James Davey, Editing by Paul Sandle)
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