Promina Shareholders Endorse Takeover By Suncorp BUSINESS ASIA By Bloomberg

John Mulcahy, chief executive officer of Suncorp-Metway, will choose an executive team and proceed with a share sale after Promina Group investors Monday approved a 7.5 billion Australian dollar, or $5.9 billion, takeover bid.Promina shareholders voted in favor of the offer at a meeting in Sydney. He said Feb. 20 that it was too early to discuss the composition of an executive team for the combined group, though Promina management may be represented in some lines of insurance.....

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