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Novartis intends to implement a merger squeeze-out of MorphoSys’ minority shareholders.
June 20, 2024
By: Charlie Sternberg
Associate Editor
MorphoSys AG has entered into a delisting agreement with Novartis BidCo AG and Novartis AG following the successful closing of the acquisition of MorphoSys by Novartis in May 2024. Novartis BidCo Germany AG also informed MorphoSys of its intention to merge MorphoSys into Novartis by initiating a squeeze-out of MorphoSys’ minority shareholders. In April 2024, Novartis submitted a voluntary public takeover offer for all outstanding MorphoSys no-par value bearer shares, offering MorphoSys s...
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