May 21, 2020 / 3:08 PM / 15 days ago

Jupiter shareholders approve British asset manager's Merian merger deal

(Reuters) - British asset manager Jupiter Fund Management (JUP.L) said on Thursday shareholders had approved its proposed acquisition of smaller rival Merian Global Investors, with about 95% of votes cast in favor of the deal at a general meeting.

“We remain on track to complete the acquisition on, or as soon as possible after, 1 July 2020 and have been working closely with colleagues at Merian on the integration, which is progressing smoothly despite the lockdown,” the company said.

Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli

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