Takeda Announces Information Related to its Pending Voluntary and Conditional Public Takeover Bid for Outstanding Shares and American Depositary Shares of TiGenix
Trean Insurance Group, Inc. (TIG)
US:NASDAQ Investor Relations:
tigenix.com/investors/investor-information
Company Research
Source: Business Wire
OSAKA, Japan--(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TSE: 4502) (“Takeda”) today announced information related to its previously announced and ongoing tender offer (the “Bid”) in cash for all outstanding ordinary shares (“Ordinary Shares”), warrants (“Warrants”) and American Depositary Shares (“ADSs”) of TiGenix NV (Euronext Brussels and NASDAQ: TIG) (“TiGenix”) that are not yet owned by Takeda and its affiliates, in two separate, but concurrent and related offers in Belgium (the “Belgian Offer”) and in the United States (the “U.S. Offer”), at a price of EUR 1.78 per Ordinary Share in cash, EUR 35.60 (payable in United States Dollars) per ADS in cash and an amount per Warrant in cash depending on the strike price and maturity of such Warrant. The initial acceptance period for the Bid started on April 30, 2018 and, unless extended in accordance with U.S. law, the U.S. Offer is scheduled
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