BRIEF-Tourmaline Bio To Receive Termination Fee Of $68.5 Million If Merger Terminated - SEC Filing

Reuters
Sep 09, 2025
BRIEF-<a href="https://laohu8.com/S/TRML">Tourmaline Bio</a> To Receive Termination Fee Of $68.5 Million If Merger Terminated - SEC Filing

Sept 9 (Reuters) - Tourmaline Bio Inc TRML.O:

  • TOURMALINE BIO: NOVARTIS REQUIRED TO PAY TERMINATION FEE OF $68.5 MILLION TO CO UNDER CERTAIN SPECIFIED CIRCUMSTANCES, IF MERGER TERMINATED - SEC FILING

  • TOURMALINE BIO: IF DEAL IS TERMINATED UNDER SOME CIRCUMSTANCES, CO TO PAY FEE OF $48 MILLION TO NOVARTIS AG

Source text: [ID:n0001193125-25-198747]

Further company coverage: TRML.O

((Reuters.Briefs@thomsonreuters.com;))

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