from AB Litigation Partner GmbH
AB Litigation Partner GmbH: Invitation to Submit an Offer
EQS-News: AB Litigation Partner GmbH / Key word(s): Miscellaneous
AB Litigation Partner GmbH: Invitation to Submit an Offer
02.04.2025 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
AB Litigation Partner GmbH
Hinter Hoben 149
53129 Bonn
Germany
Invitation to Submit an Offer
to former shareholders of STADA Arzneimittel AG (“Stada”), ISIN DE0007251803,
who tendered their shares at €66.25 per share as part of the voluntary takeover offer, dated 19 July 2017.
Background
On 19 July 2017, Nidda Healthcare Holding AG (hereinafter referred to as the “Bidder”), a joint venture of the international private equity firms Bain Capital and Cinven Partners, made a voluntary public takeover offer to acquire all shares of STADA Arzneimittel AG at a price of EUR 66.25 per tendered share (the “Takeover Offer”).
During the acceptance period, which ended on 16 August 2017, 63.76% of STADA shareholders accepted the offer. An additional 0.11% accepted the offer during the extended acceptance period, which ended on 1 September 2017.
The tendered shares were converted prior to cancellation from the regular class into shares with ISIN DE000A2GS5A4 or, in the case of shares submitted later, into shares with ISIN DE000A2GS5B2.
In connection with the Takeover Offer, former shareholders of STADA AG are entitled to various rights (including, but not limited to, the right to litigate and the right to additional compensation) (the “Rights”).
Call for Offers
AB Litigation Partner GmbH (hereinafter referred to as the “Company”) hereby invites former STADA shareholders who tendered their shares with:
- ISIN DE000A2GS5A4 or
- ISIN DE000A2GS5B2
under the Takeover Offer to submit an offer to the Company for the assignment of the aforementioned Rights.
The price offered by AB Litigation Partner GmbH for the acquisition of the Rights during such assignment is:
EUR 2.10
per tendered share and the Rights associated therewith.
Offers must include the following information and documentation:
a) Name, address, and email address of the assignor / seller
b) Number of Rights to be assigned (corresponding to the number of tendered shares)
c) Proof of tender
and should be submitted to:
AB Litigation Partner GmbH
Hinter Hoben 149
53129 Bonn
Germany
Email: ab@ab-litigation.com
In return, the Company will provide a written agreement, which will include, among other things, confirmation that the Rights have not already been assigned to third parties or extinguished.
Only offers that are complete and submitted without any modifications or reservations will be considered.
The Company is under no obligation to accept any offer and reserves the right to accept offers only in part, with respect to a smaller number of shares.
Kind regards,
Andreas Bergius
AB Litigation Partner GmbH
02.04.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
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Language: | English |
Company: | AB Litigation Partner GmbH |
Hinter Hoben 149 | |
53129 Bonn | |
Germany | |
E-mail: | ab@ab-litigation.com |
Internet: | https://www.ab-litigation.com/ |
EQS News ID: | 2109882 |
End of News | EQS News Service |
2109882 02.04.2025 CET/CEST