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Nisa shareholders back Co-op takeover

Shareholders in the Nisa convenience store group have approved the chain's £137m takeover by the Co-operative Group.

The deal was narrowly backed, winning of 75.79% of shareholders' votes at an emergency meeting. The offer needed to be supported by 75% of shareholders.

Nisa is a member-owned business that has more than 3,000 stores and operates a wholesale business.


BBC News

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