Polypeptide Group Definitive Interim Result Of The Public Tender Offer Of Samsung Biologics

By Reuters News

Oct 16 (Reuters) - POLYPEPTIDE GROUP AG PPGN.S:

  • DEFINITIVE INTERIM RESULT OF THE PUBLIC TENDER OFFER OF SAMSUNG BIOLOGICS CO., LTD.

  • SAMSUNG PEPTIDE HOLDS 87.92% OF POLYPEPTIDE SHARE CAPITAL

  • 87.59% OF POLYPEPTIDE SHARES TENDERED INTO OFFER

  • MINIMUM ACCEPTANCE RATE CONDITION OF OFFER SATISFIED

  • NO MATERIAL ADVERSE EFFECT CONDITION OF OFFER SATISFIED

  • SAMSUNG PEPTIDE DECLARES OFFER SUCCESSFUL SUBJECT TO REMAINING CONDITIONS

  • DEAL COMPLETION EXPECTED END OF 2026 OR Q1 2027

  • TO HOLD EXTRAORDINARY GENERAL MEETING ON OCT 26, 2026

  • SAMSUNG PEPTIDE TO PURSUE SQUEEZE-OUT AND DELISTING OF POLYPEPTIDE SHARES

  • ADDITIONAL ACCEPTANCE PERIOD FOR OFFER FROM OCT 19 TO OCT 30, 2026

Further company coverage: PPGN.S

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