Publication of definitive end result for Vifor Pharma tender offerMarch 28, 2022
CSL Behring AG, Berne, Switzerland, a wholly-owned subsidiary of CSL Limited (ASX: CSL; USOTC: CSLLY), have announced the definitive notice of the end result of its public tender offer to acquire all publicly held shares of Vifor Pharma Ltd. (SIX:VIFN; ISIN:CH0364749348) for USD 179.25 per share as indicated in the offer prospectus of 18 January 2022.
According to the definitive end result, taking into account the Vifor Pharma shares held by the offeror and the persons acting in concert with the offeror at the end of the additional acceptance period and the Vifor Pharma shares tendered during the main offer period and the additional acceptance period, CSL’s participation at the end of the additional acceptance period on 22 March 2022 amounts to a total of 93.9 percent of all listed Vifor Pharma shares as of 22 March 2022, subject to the completion of the offer, Vifor said in its press release.
The tender offer remains subject to certain conditions set forth in the offer prospectus, including regulatory approvals, as further described in the definitive notice of the end result. Subject to the satisfaction or waiver of all offer conditions, the settlement of the offer is currently expected to occur around mid-2022, the company said.
CSL re-affirmed its intention to have Vifor Pharma submit an application to SIX Exchange Regulation for the de-listing of its shares in accordance with the listing rules of SIX Exchange Regulation and for an exemption from certain disclosure and publicity obligations under said rules until the date of de-listing of Vifor Pharma’s shares, and to effect a squeeze-out of remaining public holders of Vifor Pharma shares in accordance with statutory requirements, as further described in the definitive notice of the end result, Vifor said.