Business
Publication of statement by the Board of Directors in respect of the takeover offer to the shareholders of Bavarian Nordic from the consortium led by Nordic Capital and Permira
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, August 26, 2025 – With reference to Bavarian Nordic A/S' ("Bavarian Nordic" or the "Company") announcement of 26 August 2025 (no. 24/2025) regarding the publication of the offer document concerning the voluntary public takeover offer to acquire all of the issued and outstanding sha
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, August 26, 2025 – With reference to Bavarian Nordic A/S' ("Bavarian Nordic" or the "Company") announcement of 26 August 2025 (no. 24/2025) regarding the publication of the offer document concerning the voluntary public takeover offer to acquire all of the issued and outstanding shares (except for treasury shares) in Bavarian Nordic made by Innosera ApS (the "Offeror" and such takeover offer, the "Offer"), a company controlled by Nordic Capital Fund XI1 and funds managed and advised by Permira Beteiligungsberatung GmbH, Bavarian Nordic today publishes the statement by the Board of Directors2 (the "Board Statement") prepared pursuant to section 23 of the Danish Executive Order no. 614 of 2 June 2025 on Takeover Offers (the "Danish Takeover Order") in connection with the Offer.","length":870,"tagName":"p"},{"type":"text","content":"Luc Debruyne, Chair of the Board of Directors of Bavarian Nordic, said:“Since 2018, Bavarian Nordic has successfully developed into a leading vaccine company and over the last couple of years, the company has received several unsolicited inquiries regarding a potential takeover bid. It is the board's duty to investigate whether such inquiries could lead to a takeover bid that would create value for shareholders while also being in the best interests of the company. Together with our advisors we have thoroughly analysed the offer, which is the result of intense negotiations. Among other things, we have analyzed the fundamental...