Nidda Healthcare Holding AG, the acquiring company of Bain Capital and Cinven, announced last night that, as of the expiry of the extended acceptance period on 22 June, 65.52% of the STADA shares outstanding have been tendered under the voluntary public takeover offer made for all the company’s outstanding shares. Consequently, the minimum acceptance threshold (which the bidder reduced from originally 75% to 67.5% on 7 June) has not been reached.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Back to square one
- Published:
27 Jun 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Nidda Healthcare Holding AG, the acquiring company of Bain Capital and Cinven, announced last night that, as of the expiry of the extended acceptance period on 22 June, 65.52% of the STADA shares outstanding have been tendered under the voluntary public takeover offer made for all the company’s outstanding shares. Consequently, the minimum acceptance threshold (which the bidder reduced from originally 75% to 67.5% on 7 June) has not been reached.