novartis ag-adr (NVS:New York)
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Volume 1.1M
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0%26%20Overy%20acted%20as%20legal%20advisor%20for%20FSI%20and%20other%20shareholders%20in%20capital%20increase.
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0%26%20Overy%20acted%20as%20legal%20advisor%20for%20FSI%20and%20other%20shareholders%20in%20capital%20increase.
Vivalis%20%28ENXTPA%3AVLS%29%20agreed%20to%20acquire%20Intercell%20Ag%20%28WBAG%3AICLL%29%20from%20Novartis%20AG%20%28SWX%3ANOVN%29%2C%20MDO%20Management%20Company%2C%20Glaxosmithkline%20Biologicals%20S.A.%20and%20other%20shareholders%20for%20approximately%20%u20AC130%20million%20in%20stock%20in%20a%20merger%20of%20equals%20on%20December%2016%2C%202012.%20Intercell%20shareholders%20will%20receive%2013%20Vivalis%20new%20ordinary%20shares%20for%20every%2040%20Intercell%20shares.%20Post%20completion%2C%20the%20combined%20entity%20will%20be%20held%2055%25%20by%20former%20Vivalis%20shareholders%20and%2045%25%20by%20former%20Intercell%20shareholders.%20Irrevocable%20undertakings%20to%20vote%20in%20favor%20of%20the%20merger%20have%20been%20received%20from%20holders%20of%2068.5%25%20of%20the%20voting%20rights%20in%20Vivalis.%20Vivalis%20and%20Intercell%20AG%20will%20merge%20to%20form%20Valneva%20SE%20headquartered%20in%20Lyon%20%28France%29%20and%20listed%20on%20the%20regulated%20markets%20of%20NYSE%20Euronext%20in%20Paris%20and%20the%20Vienna%20Stock%20Exchange.%20Valneva%20will%20be%20led%20by%20Thomas%20Lingelbach%2C%20the%20head%20of%20Intercell.%20Franck%20Grimaud%2C%20Chairman%20of%20the%20Management%20Board%20of%20Vivalis%2C%20will%20become%20Chief%20Business%20Officer%20of%20Valneva.%20The%20Merger%20of%20Equals%20structure%20will%20mean%20that%20each%20company%20will%20contribute%20equally%20to%20Valneva%u2019s%20Supervisory%20Board%2C%20and%20Valneva%u2019s%20Management%20Board%20will%20be%20comprised%20of%20two%20Vivalis%20and%20two%20Intercell%20Management%20Board%20members.%0D%0A%0D%0AThe%20merger%20has%20been%20unanimously%20approved%20by%20the%20Supervisory%20Boards%20of%20Vivalis%20and%20Intercell.%20The%20merger%20is%20subject%20to%20certain%20customary%20conditions%2C%20including%2C%20inter%20alia%2C%20the%20approval%20by%20shareholders%20of%20both%20Vivalis%20and%20Intercell%20and%20the%20obtaining%20of%20relevant%20regulatory%20consents.%20The%20transaction%20is%20expected%20to%20complete%20in%20May%2C%202013.%20On%20December%2017%2C%202012%2C%20Fonds%20strat%E9gique%20d%27investissement%20concluded%20a%20protocol%20agreement%20in%20order%20to%20subscribe%20up%20to%20%u20AC25%20million%20of%20a%20capital%20increase%20of%20an%20estimated%20amount%20of%20%u20AC40%20million%20of%20the%20new%20unit%2C%20renamed%20Valneva.%20Groupe%20Grimaud%20and%20Unigrains%20have%20also%20committed%20to%20subscribing%20to%20the%20capital%20increase%20within%20the%20limit%20of%20a%20total%20amount%20of%20%u20AC5%20million.%20As%20of%20February%2027%2C%202013%20all%20resolutions%20were%20approved%20by%20the%20Extraordinary%20Shareholders%20meeting%20of%20Intercell%20for%20the%20proposed%20merger.%20The%20general%20meeting%20of%20Vivalis%20SA%20will%20take%20place%20on%20March%207%2C%202013.%20As%20of%20March%207%2C%202013%2C%20shareholders%20of%20Vivalis%20SA%20approved%20the%20transaction.%0D%0A%0D%0AOn%20May%2014%2C%202013%2C%20it%20was%20announced%20that%20the%20final%20administrative%20step%20for%20closing%20of%20the%20proposed%20merger%20to%20create%20Valneva%20SE%20has%20been%20initiated%20by%20filing%20of%20the%20relevant%20documents%20with%20the%20companies%27%20register%20at%20the%20Commercial%20Court%20of%20Lyon.%20The%20step%20follows%20the%20issuance%20of%20the%20pre-merger%20certificates%20by%20the%20French%20Commercial%20Register%20on%20April%203%2C%202013%20and%20by%20the%20Austrian%20Commercial%20Register%20on%20April%2012%2C%202013%2C%20and%20the%20issuance%20of%20the%20certificate%20of%20legality%20of%20the%20merger%20on%20April%2017%2C%202013.%20Subject%20to%20the%20registration%20decision%20by%20the%20Court%20of%20Lyon%2C%20the%20completion%20of%20the%20merger%20is%20expected%20for%20May%2028%2C%202013.%0D%0A%0D%0AGoldman%20Sachs%20International%20and%20Rodolphe%20Besserve%2C%20Jean-Baptiste%20Billy%2C%20Nicolas%20Gen%E8s%20of%20SG%20Corporate%20%26%20Investment%20Banking%20are%20acting%20as%20financial%20advisors%20to%20Intercell%20and%20Vivalis%20in%20the%20transaction%20respectively.%20Axelle%20Vuillermet%20and%20Pierre%20Laurent%20of%20NewCap%20acted%20as%20public%20relations%20advisors%20to%20Vivalis%20in%20the%20transaction.%20Jean-Marc%20Franceschi%20and%20Arnaud%20Deparday%20of%20Hogan%20Lovells%20%28Paris%29%20LLP%20acted%20as%20legal%20advisors%20for%20Vivalis.%20Stanislas%20de%20Gastines%2C%20Helen%20Pelzmann%2C%20Mario%20Gall%20acted%20as%20financial%20adue%20diligence%20advisor%20and%20Bernard%20Martinier%20of%20Ernst%20%26%20Young%20Soci%E9t%E9%20d%u2019Avocats%20acted%20as%20legal%20advisor%20for%20Vivalis.%20Alan%20Mason%2C%20Guillemette%20Burgala%2C%20Sibylle%20Renard-Payen%2C%20Sami%20Jebbour%2C%20Cyril%20Valentin%2C%20Laurent%20Dabernat%2C%20Christopher%20Ivey%20of%20Freshfields%20acted%20as%20legal%20advisor%20for%20Intercell%20Ag.%20Kristelle%20Kerforn%20of%20CA%20CIB%20acted%20as%20financial%20advisor%2C%20Marc%20Castagn%E8de%2C%20Jean-Baptiste%20de%20Martigny%20of%20Allen%20%26%20Overy%20acted%20as%20legal%20advisor%20for%20FSI%20and%20other%20shareholders%20in%20capital%20increase.
PeptiDream%20Inc.%20announced%20that%20it%20has%20raised%20approximately%20%A5620%2C000%2C000%20in%20equity%20funding%20from%20new%20investor%2C%20Novartis%20AG%20on%20December%201%2C%202012.%20The%20investor%20gained%203.75%25%20stake%20in%20the%20company%20through%20third%20party%20allocation.
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0 Number of Dividends Paid-- Average Dividend Paid$0.00 Dividends Paid Per Period |
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| Johnson & Johnso... | -- | $88.09 USD | -- |
| Nestle SA | -- | SFr.66.95 CHF | -- |
| Pfizer Inc | -- | $28.96 USD | -- |
| Procter & Gamble... | -- | $80.02 USD | -- |
| Roche Holding AG | -- | SFr.247.00 CHF | -- |
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