Business
Consortium consisting of Nordic Capital and Permira lowers the minimum acceptance condition to 66 2/3% in respect of the takeover offer to the shareholders of Bavarian Nordic
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION COPENHAGEN, Denmark, October 21, 2025 – With reference to the announcement of 26 August 2025 (no. 24/2025) regarding the publication of the offer document, as amended by the supplements dated 29 September 2025 and 15 October 2025, respectively (the "Offer Document") concerning the all-cash voluntary re
About this update from Bavarian Nordic A/s
[{"type":"image","alt":"Bavarian Nordic A/S","displaySize":"","headline":null,"caption":"Bavarian Nordic A/S","className":"","disableSlideshowImg":false,"size":{"original":{"width":224,"height":118,"url":"https://media.zenfs.com/en/globenewswire.com/8b66f55ff95ddf48491741d682cbdfa0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/X7d037B4FI93H1mEWMcPsw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/8b66f55ff95ddf48491741d682cbdfa0","width":224,"height":118}},"lazy":false},{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION","length":196,"tagName":"p"},{"type":"text","content":"COPENHAGEN, Denmark, October 21, 2025 – With reference to the announcement of 26 August 2025 (no. 24/2025) regarding the publication of the offer document, as amended by the supplements dated 29 September 2025 and 15 October 2025, respectively (the "Offer Document") concerning the all-cash voluntary recommended public takeover offer to acquire all of the issued and outstanding shares (except treasury shares) in Bavarian Nordic A/S ("Bavarian Nordic" or the "Company") by Innosera ApS (the "Offeror"), a company controlled by Nordic Capital Fund XI1 and funds managed and advised by Permira Beteiligungsberatung GmbH (the "Offer"), the Offeror has today published a third supplement (the "3rd Supplement") to the Offer Document.","length":791,"tagName":"p"},{"type":"text","content":"The 3rd Supplement lowers the minimum acceptance condition from 75% of the voting rights and share capital of the Company, excluding treasury shares, to 66 2/3% of the voting rights and share capital of the Company, excluding treasury shares.","length":242,"tagName":"p"},{"type":"text","content":"In addition, the hour of expiry of the offer period on 5 November 2025 is amended from 5:00 p.m. (CET) to 11:59 p.m. (CET). Accordingly, any reference to the "Offer Period" in the Offer Document, the Board Statements, or in any other document and/or announcement relating to the Offer shall mean the period starting on 26 August 2025 and expiring on 5 November 2025 at 11:59 p.m. (CET).","length":396,"tagName":"p"},{"type":"text","c...