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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Doric Nimrod Air One Limited | LSE:DNA | London | Ordinary Share | GG00B4MF3899 | ORD PRF SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 60.00 | 59.00 | 61.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Swiss drugmaker Roche Holding AG (ROG.VX) said Thursday it holds 93.2% of Genentech Inc. (DNA) shares following the completion of its tender offer, with 3%more guaranteed for delivery.
The Basel-based company said it will merge as "soon as practical", after which the remaining shareholders will be squeezed out and Genentech shares will cease trading.
Roche first launched a bid on the 44% of Genentech shares it didn't already own in July, 2008, offering $89/share which the U.S. biotech firm snubbed as too low. Roche lifted its takeover offer to $95/share earlier this month, which Genentech recommended its stockholders to accept.
Roche shares closed at CHF148.80 Wednesday.
Company Web Site: http://www.roche.com
-By Hans Schoemaker, Dow Jones Newswires; +41-43-4438045; hans.schoemaker@dowjones.com
1 Year Doric Nimrod Air One Chart |
1 Month Doric Nimrod Air One Chart |
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