Approximately 97.7% of the CPPL common units represented in person or by proxy at the special meeting for the merger voted in favour its approval.
Pursuant to the merger agreement, CPG will acquire all of CPPL's outstanding common units that CPG or its subsidiaries do not already own.
CPG and CPPL also announced that all conditions required to complete the merger under the terms of the agreement have been satisfied and all of the necessary filings have been made for the transaction to take effect today, 17 February.
