Just regarding this sale, I noticed the company said there would...

  1. 80 Posts.
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    Just regarding this sale, I noticed the company said there would be a shareholder meeting to vote on the sale, when is a shareholder meeting required to approve a sale of an asset?, I notice that when companies make acquisitions shareholder approval is not normally required as far as I'm aware, had a bit of a search but couldn't the answer.

    Another question, I'm assuming that VDM won't be able to include the profit from this transaction in their half yearly accounts until after shareholder approval,am I right or wrong with that assumption?
 
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