Lonza receives antitrust clearance in France
29.09.2011, Lonza Group Ltd (SIX: LONN), one of the world’s leading suppliers to the life science industries, announced today that it has obtained antitrust clearance from the Autorité de la Concurrence in France for its tender offer, through its wholly owned subsidiary LG Acquisition Corp., for 100 percent of the outstanding shares of common stock of Arch Chemicals, Inc. (NYSE:ARJ).
The tender offer is at a price of USD 47.20 per share in cash, without interest and less any required withholding taxes pursuant to a previously announced merger agreement, dated 10 July 2011, by and among Arch Chemicals, Lonza and LG Acquisition Corp.
The tender offer remains subject to antitrust clearance in the United States. The tender offer has previously been extended to 30 September 2011.
The tender offer may be further extended if conditions to the tender offer remain unsatisfied. Any additional extension of the tender offer will be followed as promptly as practicable by public announcement thereof, and such announcement will be made no later than 9:00 a.m. New York City time on the next business day after the previously scheduled expiration date. The closing of the tender offer is subject to customary terms and conditions, including antitrust clearances and the tender of more than two-thirds of Arch Chemicals’ outstanding shares of common stock.
Contact
Lonza Group Ltd. Muenchensteinerstrasse 38 4002 Basel Tel. 061 316 81 11 Fax 061 316 91 11 info@lonza.com
The tender offer remains subject to antitrust clearance in the United States. The tender offer has previously been extended to 30 September 2011.
The tender offer may be further extended if conditions to the tender offer remain unsatisfied. Any additional extension of the tender offer will be followed as promptly as practicable by public announcement thereof, and such announcement will be made no later than 9:00 a.m. New York City time on the next business day after the previously scheduled expiration date. The closing of the tender offer is subject to customary terms and conditions, including antitrust clearances and the tender of more than two-thirds of Arch Chemicals’ outstanding shares of common stock.
Contact
Lonza Group Ltd. Muenchensteinerstrasse 38 4002 Basel Tel. 061 316 81 11 Fax 061 316 91 11 info@lonza.com
Kontakt:
Lonza Group AG
Münchensteinerstrasse 38
4052 Basel
Münchensteinerstrasse 38
4052 Basel
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