Novartis AG has announced the commencement of a tender offer through its indirect wholly owned subsidiary, Redwood Merger Sub Inc., to acquire all outstanding shares of Regulus Therapeutics Inc. at $7.00 per share in cash, plus a contingent value right for an additional cash payment of $7.00 upon achieving a regulatory milestone. The offer, set in accordance with an Agreement and Plan of Merger dated April 29, 2025, will expire at one minute past 11:59 p.m. on June 24, 2025, unless extended or terminated earlier. Novartis has filed a tender offer statement with the SEC detailing the terms and conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Novartis AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001099205-en) on May 27, 2025, and is solely responsible for the information contained therein.
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