Jan 8 (Reuters) - ROCHE HOLDING AG ROG.S:
ROCHE PURCHASES SHARES IN TENDER OFFER FOR POSEIDA THERAPEUTICS, INC.
ACCEPTS PAYMENT FOR POSEIDA SHARES AT $9.00 PER SHARE PLUS CVR
TENDER OFFER EXPIRED ON 7 JANUARY 2025, WAS NOT EXTENDED
APPROXIMATELY 64,991,586 SHARES OF POSEIDA TENDERED, REPRESENTING 66.11% OF OUTSTANDING SHARES
FOLLOWING COMPLETION OF MERGER, POSEIDA WILL BECOME A WHOLLY OWNED SUBSIDIARY OF ROCHE
POSEIDA'S SHARES WILL CEASE TO BE TRADED ON NASDAQ GLOBAL SELECT MARKET
LATER TODAY, ROCHE INTENDS TO COMPLETE ACQUISITION OF POSEIDA THROUGH A MERGER OF BLUE GIANT ACQUISITION CORP. WITH AND INTO POSEIDA
Source text: ID:nGNE24Y9T1
Further company coverage: ROG.S
(Gdansk Newsroom)
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