Source: AWB Limited via Seedquest.com

AWB Limited announced that its shareholders approved the proposed Scheme of Arrangement under which Agrium Inc. would acquire AWB, and have also approved amendments to AWB's constitution to remove the 10 percent shareholding cap and permit dividends to be paid from any sources permitted by law.

If the Supreme Court of Victoria approves the Scheme, AWB proposes to lodge the Court Orders with the Australian Securities and Investments Commission and the Australian Securities Exchange so that the Scheme becomes effective on Nov. 19, 2010.

Original news release