Roche Launches Tender Offer to Acquire 89bio for $14.50 Per Share Plus Potential $6.00 CVR

Reuters10-02
Roche Launches Tender Offer to Acquire 89bio for $14.50 Per Share Plus Potential $6.00 CVR

Roche Holding AG announced it has commenced a tender offer to acquire all outstanding shares of 89bio, Inc. for $14.50 per share in cash. In addition, shareholders of 89bio will receive a non-tradeable contingent value right $(CVR)$ that could provide up to an additional $6.00 per share in cash if certain milestones are achieved. The tender offer follows a previously announced merger agreement between the companies. According to Roche, the offer period is set to expire at one minute after 11:59 p.m. New York City time on October 29, 2025, unless extended. Any remaining shares not acquired in the tender offer will be acquired in a subsequent merger at the same price and terms. Roche expects the transaction to close in the fourth quarter of 2025.

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. Roche Holding AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001131060-en) on October 01, 2025, and is solely responsible for the information contained therein.
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