BRIEF-Mercantile Investment says shareholders of Galilee Energy voted against takeover bid to acquire Galilee Energy

Jan 20 (Reuters) - Mercantile Investment Company Ltd MVT.AX :

* Galilee energy ltd - mvt: update on the proportional takeover bid to acquire

gll GLL.AX

* Mercantile investment co-shareholders of Galilee Energy Ltd voted against

proportional takeover bid to acquire Galilee made by unit

* Says as a result, olympus will withdraw the offer

* Source text for Eikon News Search ID:nASX6NKC9

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