Comvita shares plunge on split in early scheme votes
A voting update released today suggests scheme of arrangement for Comvita unlikely to clear 75% approval hurdle.
Comvita shares are down after early votes cast doubt on takeover success.
Shares in Comvita have fallen following a voting update released on Tuesday ahead of the company's meeting on Friday. Its shares fell more than 11.5% today, after the voting update showed the company's scheme of arrangement might not pass.
In August, Florenz – an entity owned by NBR Rich
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