UK buyout firm CVC Capital Partners has agreed to buy Matas, a Danish drugstore chain, for about $890m (€692m).

At a general meeting on Sunday, more than 70% of Matas's independent shop owners voted in favour of the CVC offer, according to Danish newspaper Borsen, which was quoting Matas chairman Lars Frederiksen. This was higher than the 66.6% required for the bid to be accepted. However, the deal cannot be formally approved until the firm's annual meeting in June.