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Therapeutics Acquisition Set to Be Completed, Roche Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2501778974","media":"MT Newswires Live","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501778974?lang=en_us&edition=fundamental","pubTime":"2025-01-08 22:23","pubTimestamp":1736346198,"startTime":"0","endTime":"0","summary":"Roche said Wednesday that it has accepted nearly 65 million shares of Poseida Therapeutics , or about 66% of the company's stock, and that it intends to complete its acquisition of the biopharmaceutical company.The shares had been tendered at a price of $9 per share in cash, plus a contingent value right of up to $4 per share. Roche said in November that it agreed to acquire Poseida in a deal worth up to $1.5 billion.Following completion, Poseida will become a wholly owned subsidiary of Roche, and its shares will cease to be traded on Nasdaq, Roche said.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LENZ","PSTX","BK4139"],"gpt_icon":0},{"id":"2501747969","title":"Deals of the day-Mergers and acquisitions","url":"https://stock-news.laohu8.com/highlight/detail?id=2501747969","media":"Reuters","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501747969?lang=en_us&edition=fundamental","pubTime":"2025-01-08 19:14","pubTimestamp":1736334857,"startTime":"0","endTime":"0","summary":"Jan 8  - The following bids, mergers, acquisitions, and disposals were reported by 1030 GMT on Wednesday:    ** Italy's Banca Ifis    said it was launching a 298 million euro  cash and shares exchange offer to take over rival specialty lender illimity   .   ** Roche    said it planned to complete its purchase of U.S. biopharmaceutical company Poseida Therapeutics   , a specialist in complex immune cell therapies to treat several types of blood cancer.   ** Goodyear Tire & Rubber Co    said on Tuesday that it will sell its Dunlop brand to Japan's Sumitomo Rubber Industries  for $701 million in cash as part of a plan to streamline its business. 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