Molmed versus Kiadis Pharma en aanverwante biotech aandelen

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MG76
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Overname bod op molmed van 0.518 euro

Japan's AGC launches bid on Italy's Molmed worth up to 240 mln euros
Contributor
3-4 minuten

Published

Mar 17, 2020 3:18AM EDT

Japan's AGC has launched a takeover bid on all the shares of Italian biotech company Molmed in a deal worth up to 240 million euros ($267 million), AGC said in a statement on Tuesday.

MILAN, March 17 (Reuters) - Japan's AGC 5201.T has launched a takeover bid on all the shares of Italian biotech company Molmed MLMD.MI in a deal worth up to 240 million euros ($267 million), AGC said in a statement on Tuesday.

AGC is offering 0.518 euros per Molmed share, the equivalent of a premium of 110.3%.

AGC said Fininvest, the holding company of the family of former Prime Minister Silvio Berlusconi, had agreed to tender its stake in Molmed.

Fininvest owns around 23% of Molmed shares.

The aim of the bid is to delist Molmed, AGC said.
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