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National Milk Records PLC on Friday said that a majority of scheme shareholders voted in favour of its acquisition by Associated British Foods PLC, a London-based fast-fashion retailer, via the Primark store chain, and food manufacturer. Shareholders voted in favour at both the general meeting and the court meeting. The acquisition remains subject to other conditions or a waiver thereof. National Milk expects the takeover to become effective on August 9. The acquisition of National Milk Records, a Chippenham, England-based agricultural technology information services provider to UK dairy sector is for 215.00 pence per share or around £48 million in total. National Milk records shares were flat at 194p each on Friday afternoon in London, while Associated British Foods shares were 0.1% lower at 2,111.70p each. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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