BRIEF-AstraZeneca To Acquire Fusion For $2 Bln In Cash-March 2024-www.financetom.com

BRIEF-AstraZeneca To Acquire Fusion For $2 Bln In Cash

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BRIEF-AstraZeneca To Acquire Fusion For $2 Bln In Cash

Mar 19, 2024 1:04 AM

March 19 (Reuters) - AstraZeneca PLC ( AZN ):

* ASTRAZENECA TO ACQUIRE FUSION

* PROPOSED DEAL FOR $21.00 PER SHARE IN CASH

* PROPOSED DEAL FOR APPROXIMATELY $2BN

* TO BUY FUSION FOR PRICE OF $21.00 PER SHARE IN CASH AT

CLOSING

PLUS A NON-TRANSFERABLE CONTINGENT VALUE RIGHT OF $3.00 PER

* WILL ACQUIRE CASH, CASH EQUIVALENTS AND SHORT TERM

INVESTMENTS

ON FUSION'S BALANCE SHEET, WHICH TOTALLED $234M AS OF 31(ST)

DECEMBER 2023

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