financetom
Business
financetom
/
Business
/
BRIEF-Biontech Announces Strategic Transaction To Acquire Curevac In Public Exchange Offer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Biontech Announces Strategic Transaction To Acquire Curevac In Public Exchange Offer
Jun 12, 2025 4:20 AM

June 12 (Reuters) - BIONTECH SE:

* BIONTECH ANNOUNCES STRATEGIC TRANSACTION TO ACQUIRE

CUREVAC IN

PUBLIC EXCHANGE OFFER

* PUBLIC EXCHANGE OFFER FOR ALL SHARES OF CUREVAC WHERE EACH

SHARE

OF CUREVAC WILL BE EXCHANGED FOR APPROX. $5.46 IN BIONTECH

AMERICAN DEPOSITARY SHARES

* IMPLIED AGGREGATE EQUITY VALUE FOR CUREVAC OF APPROX.

$1.25

BILLION

* EXPECTED TO CLOSE IN 2025

* TRANSACTION WAS UNANIMOUSLY APPROVED BY BOTH BIONTECH'S

AND

CUREVAC'S MANAGEMENT AND SUPERVISORY BOARDS

* CUREVAC SHAREHOLDERS TO OWN 4%-6% OF BIONTECH POST-DEAL

* SHAREHOLDERS REPRESENTING 36.76% OF CUREVAC SHARES ENTER

TENDER

AGREEMENTS

Source text:

Further company coverage:

(Gdansk Newsroom)

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
FSD Pharma Says Celly Nutrition Partners with Six+One for US Launch of Dietary Supplement
FSD Pharma Says Celly Nutrition Partners with Six+One for US Launch of Dietary Supplement
Apr 25, 2024
01:50 PM EDT, 04/25/2024 (MT Newswires) -- FSD Pharma ( HUGE ) said Thursday that Celly Nutrition has partnered with branding agency Six+One to collaborate on the launch of its dietary supplement unbuzzd in the US. As part of the collaboration, Six+One will undertake brand development for unbuzzd, including establishing a brand personality, creating a visual identity and website building,...
Joby Aviation Collaborates With Abu Dhabi Agencies to Establish, Scale Air Taxi Service
Joby Aviation Collaborates With Abu Dhabi Agencies to Establish, Scale Air Taxi Service
Apr 25, 2024
01:50 PM EDT, 04/25/2024 (MT Newswires) -- Joby Aviation ( JOBY ) said Thursday it has signed a multilateral memorandum of understanding with three Abu Dhabi government agencies for the establishment and scaling of air taxi services. The agencies include the Abu Dhabi's Department of Municipalities and Transport, the Department of Culture and Tourism, and the Abu Dhabi Department of...
ATN International Shares Decline on Q1 Results, Full-year Guidance Revision
ATN International Shares Decline on Q1 Results, Full-year Guidance Revision
Apr 25, 2024
01:54 PM EDT, 04/25/2024 (MT Newswires) -- ATN International ( ATNI ) shares were down nearly 35% in recent Thursday trading following the company's Q1 earnings late Wednesday. ATN International ( ATNI ) booked a Q1 diluted loss of $0.50 per share, widening from $0.44 per share a year earlier. Analysts polled by Capital IQ expected a loss of $0.08....
Lam Research Expects 2024 To Be A 'Transition Year,' 4 Analysts Provide Key Q3 Takeaways
Lam Research Expects 2024 To Be A 'Transition Year,' 4 Analysts Provide Key Q3 Takeaways
Apr 25, 2024
Lam Research Corporation ( LRCX ) reported better-than-expected results for its fiscal third quarter. Here are some key analyst takeaways from the results, which came amid an exciting earnings season. Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating, while raising the price target from $935 to $960. Raymond James analyst Srini Pajjuri maintained an Outperform rating and price target...
Copyright 2023-2026 - www.financetom.com All Rights Reserved