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  5. IN BRIEF: Philip Morris deal for Vectura gets 97% acceptances

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IN BRIEF: Philip Morris deal for Vectura gets 97% acceptances

Fri, 01st Oct 2021 10:22

Vectura Group PLC - Chippenham-based pharmaceutical company - 165 pence-per-share takeover offer from Philip Morris International Inc receives 97% acceptances, including PMI's own 28% stake, by the original deadline of Thursday. The deadline has now been extended until further notice. Vectura is expected to delist on October 19.

Vectura current stock price: 164.80p

Year-to-date change: up 32%

PMI current stock price: USD94.79

Year-to-date change: up 15%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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