Novartis' Tender Offer for Regulus Therapeutics Expires with 74.49% Shareholder Acceptance

Reuters
2025.06.25 05:00
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Novartis AG's tender offer to acquire Regulus Therapeutics Inc. has expired, with 74.49% of shares tendered. The offer was for $7.00 per share in cash, plus a contingent value right for an additional $7.00 based on a regulatory milestone. The transaction is set to close on June 25, 2025, following the acceptance of the tendered shares. This announcement was published via GlobeNewswire.