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Morphosys And Novartis Sign Delisting Agreement



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June 20 (Reuters) -MORPHOSYS AG MORG.DE:

  • MORPHOSYS AND NOVARTIS SIGN DELISTING AGREEMENT AND INTEND TO IMPLEMENT A MERGER SQUEEZE-OUT OF MORPHOSYS’ MINORITY SHAREHOLDERS

  • MORPHOSYS AG - ACCEPTANCE PERIOD OF TAKEOVER OFFER AND STATUTORY TWO-WEEK ADDITIONAL ACCEPTANCE PERIOD ENDED ON MAY 13, 2024, AND MAY 30, 2024, RESPECTIVELY

  • MORPHOSYS AG - NOVARTIS WILL OFFER MORPHOSYS SHAREHOLDERS EUR 68.00 PER SHARE IN CASH, CORRESPONDING TO ITS PRECEDING TAKEOVER OFFER

  • MORPHOSYS AG - DELISTING OFFER DOCUMENT IS EXPECTED TO BE PUBLISHED BY NOVARTIS IN EARLY JULY 2024

  • MORPHOSYS AG - BOTH DELISTING FROM FRANKFURT STOCK EXCHANGE AND DELISTING FROM NASDAQ ARE EXPECTED TO TAKE PLACE IN Q3 OF 2024

  • MORPHOSYS AG - DELISTING OFFER DOCUMENT IS EXPECTED TO BE PUBLISHED BY NOVARTIS IN EARLY JULY 2024 AFTER GERMAN FEDERAL FINANCIAL SUPERVISORY AUTHORITY ("BAFIN") HAS APPROVED ITS PUBLICATION

Source text for Eikon: ID:nEQ9wGspya

Further company coverage: MORG.DE


(Gdansk Newsroom)

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