We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ablynx NV ADS (delisted) | NASDAQ:ABLX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.87 | 24.00 | 68.00 | 0 | 01:00:00 |
By Donato Paolo Mancini
Sanofi SA (SAN.FR) and Ablynx NV (ABLX.BT) said Monday that the initial tender offer period for the acquisition of Ablynx has successfully closed, and that a squeeze-out tender period will begin later this month.
The French drug company said it will own 95.60% of the outstanding shares of Ablynx on the settlement date of the offers, and confirmed the minimum tender condition had been satisfied.
Sanofi said a squeeze-out for the Ablynx securities not tendered to the offers will begin on May 22 and expire on June 12. Upon completion of the squeeze-out, all securities of Ablynx will be delisted.
Sanofi said last January it would acquire nanobody-focused company Ablynx for 3.9 billion euros ($4.7 billion) in a deal aimed at expanding its rare blood disorders franchise.
Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com
(END) Dow Jones Newswires
May 14, 2018 02:42 ET (06:42 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Ablynx NV Chart |
1 Month Ablynx NV Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions