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Fresenius SE & Co. KGaA
Legal Proceedings Report • Apr 22, 2018
166_rns_2018-04-22_d6cff18b-a936-40ad-8fab-d70243a445c4.html
Legal Proceedings Report
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Ad-hoc | 22 April 2018 19:00
Fresenius SE & Co. KGaA: Fresenius terminates merger agreement with Akorn
Fresenius SE & Co. KGaA / Key word(s): Mergers & Acquisitions
Fresenius SE & Co. KGaA: Fresenius terminates merger agreement with Akorn
22-Apr-2018 / 19:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Fresenius terminates merger agreement with Akorn
Fresenius has decided today to terminate the company’s merger agreement with Akorn, due to Akorn’s failure to fulfill several closing conditions.
Fresenius’ decision is based on, among other factors, material breaches of FDA 1 data integrity requirements relating to Akorn’s operations found during Fresenius’ independent investigation. Fresenius offered to delay its decision in order to allow Akorn additional opportunity to complete its own investigation and present any information it wished Fresenius to consider, but Akorn has declined that offer.
1 FDA: Food and Drug Administration
Fresenius SE & Co. KGaA,
represented by Fresenius Management SE,
The Management Board
Bad Homburg v.d.H., April 22, 2018
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Contact:
Markus Georgi
Senior Vice President Investor Relations
T: +49 (0) 6172 608-2485
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End of note
22-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Fresenius SE & Co. KGaA |
| Else-Kröner-Straße 1 | |
| 61352 Bad Homburg v.d.H. | |
| Germany | |
| Phone: | +49 (0)6172 608-2485 |
| Fax: | +49 (0)6172 608-2488 |
| E-mail: | [email protected] |
| Internet: | www.fresenius.com |
| ISIN: | DE0005785604, DE000A2DANS3 |
| WKN: | 578560 , A2DANS |
| Indices: | DAX |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Luxemburg |
| End of Announcement | DGAP News Service |