Norwich and Peterborough (N&P) building society's members have voted in favour of the merger between N&P and larger rival Yorkshire.
Of those who voted, 89.61% of eligible savers and 87.22% of eligible borrowers, voted in favour of the resolutions to merge with Yorkshire building society. Just over 10% of savers and 12% of borrowers voted against the deal. The results were announced at N&P's SGM on 22 August 2011. Independent Scrutineers are now required to re-check the precise voting figures. N&P had been circled by rivals seeking a takevoer for some months before it was forced to make a £57m allowance in March for compensation for all 3,100 customers it mis-sold Keydata products, which sent the building societ...
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