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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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29 Sep 2021 09:23

UPDATE 2-Morrisons takeover battle will go to UK auction on Oct. 2

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20 Sep 2021 13:35

IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover

IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover

16 Sep 2021 11:29

TOP NEWS SUMMARY: Tobacco maker Philip Morris wins asthma firm Vectura

TOP NEWS SUMMARY: Tobacco maker Philip Morris wins asthma firm Vectura

16 Sep 2021 09:07

TOP NEWS: Vectura shareholders accept Philip Morris takeover

TOP NEWS: Vectura shareholders accept Philip Morris takeover

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