Paper shortage delays vote on abrdn's interactive investor takeover - reports

James Baxter-Derrington
clock • 1 min read
Paper shortage delays vote on abrdn's interactive investor takeover - reports

Difficulty securing enough paper to mail to each of its investors has forced abrdn to delay its £1.5bn takeover of interactive investors, Sky News has reported. Under UK takeover rules, firms must send a physical copy of the documents to each shareholder before a vote can be conducted. A combination of supply chain issues and the need to source more than a million copies for its shareholders has meant abrdn has delayed its vote on the takeover to mid-March. abrdn and interactive inve...

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