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IN BRIEF: Philip Morris deal for Vectura gets 97% acceptances
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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UPDATE 2-Morrisons takeover battle will go to UK auction on Oct. 2
(Adds background)LONDON, Sept 29 (Reuters) - A $9.5-billion fight for British supermarket Morrisons will be decided at an auction on Saturday, when ...
IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover
IN BRIEF: Vectura to delist on October 19 after Philip Morris takeover
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