McKesson Launches Public Takeover Offer for Celesio
OREANDA-NEWS. December 12, 2013. McKesson Corporation (NYSE:MCK), a leading North American healthcare services and information technology company, announced today that McKesson has launched the voluntary public takeover offer for the outstanding shares of Celesio ("Takeover Offer") and tender offers for the outstanding convertible bonds of Celesio ("Tender Offers") through its indirect wholly-owned subsidiary Dragonfly GmbH & Co. KGaA, in connection with the announcement on October 24, 2013 of McKesson's agreement to acquire Celesio.
The publication of the offer document for the Takeover Offer has been approved by the Bundesanstalt fur Finanzdienstleistungsaufsicht and is now available on www.GlobalHealthcareLeader.com in German and in an English translation. Celesio shareholders can now accept the Takeover Offer and tender their shares in Celesio at the offer price of €23 per share. The acceptance period will end on January 9, 2014 at 24:00 (CET) / 18:00 (EST).
In parallel to the Takeover Offer, McKesson launched the Tender Offers for Celesio's outstanding convertible bonds at a price corresponding to the value of the underlying shares implied by a EUR 23 per share offer price, which equals EUR 53,117.78 per bond for Celesio's convertible bond due 2014 (principal amount of EUR 50,000) and EUR 120,798.32 per bond for Celesio's convertible bond due 2018 (principal amount of €100,000). The acceptance period for the Tender Offers will also end on January 9, 2014 at 24:00 (CET) / 18:00 (EST). The offer document for the Tender Offers is also available on www.GlobalHealthcareLeader.com in German and in an English translation.