Novae-Axis deal gains shareholder clearance

Novae's £477.6mn ($612.5mn) takeover by Axis Capital
was overwhelmingly approved by shareholders today, with almost 94
percent of voting investors endorsing the deal at a court meeting
held today.A total of 249 shareholders, representing 71.53 percent of
Novae's issued ordinary share capital, voted on the takeover at
the court meeting.
Just 16 shareholders, holding 0.03 percent of the issued stock,
voted against the deal, while 233 shareholders owning 71.5 percent
of the equity base backed