KKR Makes $1.2 Billion Offer for Life Sciences Group Biotage

bolsamania.com

Factuality

Ownership

The transaction will be carried out through RWK BidCo, a special purpose company created by KKR, which proposes to pay 145 Swedish crowns in cash for each ordinary share of Biotage. The price represents a premium of 60.1% compared to the closing of last April 17, the last day of listing before the announcement. The offer is conditional on the approval of the General Meeting on April 24, where the shareholders will vote a dividend of 1.65 crowns …