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| Name | Symbol | Market | Type |
|---|---|---|---|
| ProShares UltraShort Financials New | AMEX:SKF | AMEX | Exchange Traded Fund |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.39 | 3.22% | 12.49 | 12.5202 | 12.11 | 12.11 | 52,238 | 20:44:57 |
From May 2019 to May 2024
Czech generic drug maker Zentiva NV (BAAZEN.PR) Friday said it will issue 986,520 new ordinary shares to cover stock options ahead of Sanofi-Aventis SA's (2057.FR) expected EUR1.8 billion takeover of the company, according to a Zentiva statement.
"The new shares will cover in-the-money employee stock options which have been conditionally exercised by existing and former employees of Zentiva group in anticipation of a change-of-control event: the successful completion of the recommended takeover by Sanofi-Aventis," the statement said.
The subscription share price will be 1,150 koruna ($51.5) a share, and all new shares will be tendered into the Sanofi-Aventis offer, Zentiva said.
It added that if the Sanofi-Aventis offer doesn't proceed to settlement, the shares won't be issued.
Zentiva Web site: www.zentiva.cz
-By Sean Carney, Dow Jones Newswires; +420 222 191 375; sean.carney@dowjones.com
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