British asset manager Jupiter Fund Management said on Thursday shareholders had approved its proposed acquisition of smaller rival Merian Global Investors, with about 95% of votes cast in favor of the deal at a general meeting.
“We remain on track to complete the acquisition on, or as soon as possible after, 1 July 2020 and have been working closely with colleagues at Merian on the integration, which is progressing smoothly despite the lockdown,” the company said.
Source: Reuters.com