BRIEF-MorphoSys' Management Board, Supervisory Board Recommend Shareholders Accept Public Takeover Offer by Novartis-March 2024-www.financetom.com

BRIEF-MorphoSys' Management Board, Supervisory Board Recommend Shareholders Accept Public Takeover Offer by Novartis

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BRIEF-MorphoSys' Management Board, Supervisory Board Recommend Shareholders Accept Public Takeover Offer by Novartis

Apr 11, 2024 7:51 AM

April 11 (Reuters) - MorphoSys AG:

* MORPHOSYS AG - NOVARTIS OFFERS EUR 68.00 PER SHARE IN

CASH,

REPRESENTING A TOTAL EQUITY VALUE OF EUR 2.7 BILLION

* MORPHOSYS AG - MORPHOSYS' MANAGEMENT BOARD AND SUPERVISORY

BOARD

RECOMMEND SHAREHOLDERS ACCEPT PUBLIC TAKEOVER OFFER BY NOVARTIS

* MORPHOSYS AG - ACCEPTANCE PERIOD HAS COMMENCED AND WILL

END ON

MAY 13, 2024

* MORPHOSYS AG: MAINTAIN EXPECTATION THAT CLOSING OF

TAKEOVER

OFFER WILL TAKE PLACE IN FIRST HALF OF 2024

Source text for Eikon:

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