Sanofi-aventis Announces Final Results of Zentiva Offer
Sanofi-aventis holds about 96.8% of share capital
Sanofi-aventis Europe’s shareholding in Zentiva N.V. satisfies the statutory 95% threshold for a squeezeout procedure of remaining minority shareholders in accordance with the applicable provisions of Dutch law. Sanofi-aventis intends to initiate such a procedure in the near future.
“I am personally very pleased to announce the successful outcome of our offer to acquire Zentiva and I am looking forward to welcoming the Zentiva employees into the sanofi-aventis group. Zentiva brings a large portfolio of branded generic drugs and affordable medicines, which is well adapted to market dynamics and patients needs in this region”, said Chris Viehbacher, CEO of sanofi-aventis.
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