Asahi Kasei makes $1.3 billion offer for stake in Denmark's Veloxis [Reuters]
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
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Source: Reuters
Asahi Kasei makes $1.3 billion offer for stake in Denmark's Veloxis COPENHAGEN (Reuters) - Japan’s Asahi Kasei Corp ( 3407.T ) on Monday said it had offered to buy a stake of around 80% in Danish pharmaceutical company Veloxis ( VELOX.CO ) for 8.9 billion Danish crowns ($1.31 billion). Asahi Kasei offered 6 crowns per publicly listed share in Veloxis, it said, adding that shareholders and warrant holders representing 81.2% of the company’s share capital had agreed to accept the offer.
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