INM Shareholders Approve Sale of South African Assets

By: Fiona Reddan | The Irish Times

Shareholders in Independent News & Media (INM) this morning overwhelmingly voted in favour of the media group’s proposed disposal of Independent News & Media (South Africa).

The group held two extraordinary general meetings in Dublin today, to consider the dispoal of its South African assets, and to approve a number of allotment and other authorities necessary for the implementation of the company’s restructuring as previously announced. The vote on restructuring was also approved.

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