Jelf shareholders approve Marsh takeover

takeover-briefcases

Deal expected to be completed in December.

Jelf's shareholders have approved the takeover of the broker by Marsh in a deal expected to be worth around £258m.

A London Stock Exchange announcement by Jelf said in a court meeting and a general meeting, scheme shareholders entitled to vote and the broker's shareholders respectively approved all the resolutions proposed by the requisite majorities with regard to the proposed acquisition.

The acquisition is expected to be completed in early December.

It stated the number of Jelf shares in

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