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

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

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

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

Source text for Eikon:

Further company coverage:

Previous page： Cue Biopharma Receives FDA Feedback for Trial Design of Drug Candidate to Treat Autoimmune Diseases Next page： Google agrees $36 million fine for anti-competitive deals with Australia telcos

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Cue Biopharma Receives FDA Feedback for Trial Design of Drug Candidate to Treat Autoimmune Diseases

Jun 24, 2025

05:01 PM EDT, 06/24/2025 (MT Newswires) -- Cue Biopharma ( CUE ) said late Tuesday it received pre-investigational new drug feedback from the US Food and Drug Administration on its trial design for the CUE-401 drug candidate to treat T-cell mediated autoimmune and inflammatory diseases. As a result, the company said it plans to file an IND pending completion of...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Radian Group Insider Sold Shares Worth $720,000, According to a Recent SEC Filing

Jun 24, 2025

04:58 PM EDT, 06/24/2025 (MT Newswires) -- Edward J Hoffman, Senior Executive Vice President, General Counsel, on June 23, 2025, sold 20,000 shares in Radian Group ( RDN ) for $720,000. Following the Form 4 filing with the SEC, Hoffman has control over a total of 161,586 common shares of the company, with 161,586 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/890926/000106299325012116/xslF345X05/form4.xml...

Couchbase Insider Sold Shares Worth $1,542,319, According to a Recent SEC Filing

Jun 24, 2025

05:02 PM EDT, 06/24/2025 (MT Newswires) -- Matthew M Cain, Director, Chair, President, and CEO, on June 20, 2025, sold 63,600 shares in Couchbase ( BASE ) for $1,542,319. Following the Form 4 filing with the SEC, Cain has control over a total of 888,747 common shares of the company, with 888,747 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1845022/000164234625000007/xslF345X05/wk-form4_1750798646.xml ...