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Egetis Recommends Public Cash Offer From ANI Pharmaceuticals

By Reuters News

Nov 5 (Reuters) - Egetis Therapeutics AB (publ) EGTX.ST:

  • EGETIS THERAPEUTICS: STATEMENT BY THE BOARD OF DIRECTORS OF EGETIS THERAPEUTICS IN RELATION TO THE PUBLIC CASH OFFER FROM ANI PHARMACEUTICALS

  • TOTAL VALUE OF OFFER AMOUNTS TO APPROXIMATELY SEK 5,304 MILLION

  • PRICE PER SHARE IN OFFER REPRESENTS A PREMIUM OF ABOUT 12.6% COMPARED TO CLOSING PRICE OF SEK 9.99

  • ANI PHARMACEUTICALS, ANNOUNCED PUBLIC CASH OFFER TO EGETIS' SHAREHOLDERS AND TO HOLDER OF CONVERTIBLE LOAN

  • SAYS TRANSACTION ENABLES EGETIS TO LEVERAGE ANI'S RARE DISEASE PLATFORM AND COMMERCIALIZATION CAPABILITIES

  • UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS OF EGETIS AND HOLDER OF CONVERTIBLE AND WARRANTS ACCEPT OFFER.

Further company coverage: EGTX.ST

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