UPDATE 1-Shareholders in Brazil's BM&FBovespa, Cetip approve tie-up
(Recasts to add BM&FBovespa assembly)
SAO PAULO May 20 (Reuters) - Shareholders of BM&FBovespa SA and Cetip SA Mercados Organizados agreed on Friday to combine their businesses, blessing the creation of a regional operation with businesses from Mexico to Chile.
At separate ballots that took place on Friday, shareholders of both companies also decided to drop a compulsory tender offer that BM&FBovespa could have had to launch to buy out minority shareholders of Cetip, according to separate securities filings from both companies.
BM&FBovespa agreed to pay $3.6 billion for Cetip on April 8.
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