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Rexam shareholders approve PLM offer

28 January 1999: Rexam shareholders voted at an extraordinary general meeting to approve the offer for PLM and the sale of the corrugated packaging division, a recent press report has said.
Votes in …

28 January 1999: Rexam shareholders voted at an extraordinary general meeting to approve the offer for PLM and the sale of the corrugated packaging division, a recent press report has said. Votes in favour of each resolution exceeded 90% of the votes cast. The first closing date of the offer for Swedish can and bottle maker PLM, which was subject to clearance under the EC Merger Regulation, was set for 27 January. Sale of the corrugated division is expected to be completed during February.

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