Print Published 16th Aug 2012, 16:07

Aegis gives overwhelming approval to Dentsu takeover

Over 99.9% of shareholders in Aegis Group today approved a scheme whereby Dentsu would acquire the company for a cash payment of 240p per share (see Dentsu offers to buy Aegis Group for £3.2 billion).  Various conditions and regulatory approvals still have to be obtained and the scheme is unlikely to be completed until late autumn.