EYE NEWSFLASH: ZPG sale to American equity firm gets go-ahead from shareholders

The acquisition of ZPG by American equity firm Silver Lake has been given the go-ahead by shareholders.

The Court Meeting and General Meeting to consider the recommended cash acquisition of ZPG were both held today, with all resolutions passed.

The results, just released by ZPG, show that 256 shareholders voted for, 11 voted against, and six witheld. The majority was 98.74%.

However, the scheme remains subject to the sanction by the court.

The purchase, which will mean that ZPG  goes private, is likely to complete within a few months.

 

 

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