Business
Consortium Led by Nordic Capital and Permira Will Make All-Cash Recommended Purchase Offer for 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, July 28, 2025 – Bavarian Nordic A/S (OMX: BAVA) (“Bavarian Nordic”) announced today that it has entered into an announcement agreement with Innosera ApS (the “Offeror”), a newly formed company controlled by Nordic Capital Fund XI1 and funds managed and advised by Permira Beteiligun
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":"horizontalRule"},{"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, July 28, 2025 – Bavarian Nordic A/S (OMX: BAVA) (“Bavarian Nordic”) announced today that it has entered into an announcement agreement with Innosera ApS (the “Offeror”), a newly formed company controlled by Nordic Capital Fund XI1 and funds managed and advised by Permira Beteiligungsberatung GmbH (“Permira”), pursuant to which the Offeror will make an all-cash recommended voluntary public takeover offer to acquire all issued and outstanding shares (excluding treasury shares) in Bavarian Nordic (the “Offer”).","length":534,"tagName":"p"},{"type":"text","content":"Highlights of the Offer","length":23,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The offer price is DKK 233 in cash for each share in Bavarian Nordic (the “Offer Price”), valuing the transaction equity of Bavarian Nordic at approx. DKK 19 billion based on the fully diluted shares outstanding.","length":212,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":212,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"The offer price of DKK 233 per share represents a premium of 21.0% compared to the closing price of DKK 192.50 on Nasdaq Copenhagen on 23 July 2025, the last day of trading prior to the latest Company Announcement no. 20 / 2025 (Rumours of a potential takeover offer for Bavarian Nordic A/S).","length":292,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":292,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"The Board of Directors notes the trading activit...