Co-Op GBP143 Million Offer For Nisa Wins Membership Backing

Source: Co-operative Group, Monday, Nov 13, 2017

UK symbol group Nisa’s 1,190 members have voted to accept a GBP143 million takeover offer from the Co-Operative Group. The deal was narrowly approved after 75.8% of the membership declared themselves in favour of the offer. Three-quarters of the membership had to be in agreement for the Co-op’s bid to succeed.