# Omnova shareholders vote in favour of Synthomer’s proposed acquisition

- Link: https://www.directorstalkinterviews.com/%ef%bb%bfomnova-shareholdersvote-in-favour-of-synthomers-proposed-acquisition/412795324
- Published: 2019-10-11T07:05:17+01:00
- Author: Amilia Stone

**Synthomer **(LON:SYNT) noted yesterday’s announcement by OMNOVA Solutions Inc.
that its shareholders have voted overwhelmingly in favour to approve Synthomer’s
proposed acquisition. Shareholders from both companies have now voted in favour 
of the proposed transaction that was originally announced on 3^(rd) July 2019.

The transaction received regulatory clearance from US authorities in August and 
remains subject to  merger clearances from the European Commission and in Turkey,
the processes for which are ongoing.

Synthomer continues to target completion of the transaction in late 2019, however,
there can be no assurances regarding the timing of regulatory clearances which could
delay completion to early 2020 and a further announcement will be made in due course.

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