Sanofi-Synthelabo's Offer for Aventis Expiration Date of Offers
June 23 2004 - 10:50AM
PR Newswire (US)
Sanofi-Synthelabo's Offer for Aventis Expiration Date of Offers
PARIS, June 23 /PRNewswire-FirstCall/ -- On June 22, 2004, the
Autorite des marches financiers (AMF) -- the French stock market
regulator -- announced that it had extended the expiration date of
Sanofi-Synthelabo's (NYSE: SNY; PARIS: SAN) revised offer for the
ordinary shares of Aventis (NYSE: AVE; PARIS: AVE; FRANKFURT:
AVE.ETR) until July 30, 2004. Accordingly, Sanofi-Synthelabo
confirms that the French offer and the German offer will expire at
23:00 hr (Central European Summer Time), and the U.S. offer will
expire simultaneously at 5:00 p.m. (Eastern Daylight Time), on
Friday, July 30, 2004. Sanofi-Synthelabo confirms that holders of
Aventis securities may tender, or withdraw their tendered, Aventis
securities at any time until the expiration of the offers. As of
the close of business on June 22, 2004, a total of approximately
4,990,000 Aventis ADSs had been tendered in and not withdrawn from
the U.S. offer. Because of French centralization procedures, the
number of Aventis ordinary shares tendered in and not withdrawn
from the offers cannot be known until after the expiration of the
offers. In accordance with article 7 of the COB rule no. 2002-04,
this press release was transmitted to the Autorite des marches
financiers (AMF) before its publication. Important Information: In
connection with the proposed acquisition of Aventis,
Sanofi-Synthelabo has filed a registration statement on Form F-4
(File no. 333-112314), including a prospectus and a prospectus
supplement relating to the revised offer, and will file additional
documents with the SEC. Investors are urged to read the
registration statement, including the prospectus and the prospectus
supplement relating to the revised offer, and any other relevant
documents filed with the SEC, including all amendments and
supplements, because they contain important information. Free
copies of the registration statement, as well as other relevant
documents filed with the SEC, may be obtained at the SEC's web site
at http://www.sec.gov/ . The prospectus and the prospectus
supplement relating to the revised offer and other
transaction-related documents are being mailed to Aventis security
holders eligible to participate in the U.S. offer and additional
copies may be obtained for free from MacKenzie Partners, Inc., the
information agent for the U.S. offer, at the following address:
105, Madison Avenue, New York, New York 10016; telephone: 1-(212)
929-5500 (call collect) or 1-(800) 322-2885 (toll- free call);
e-mail . In France, holders of Aventis securities are requested,
with respect to the offer, to refer to the prospectus supplement
(note d'information complementaire), which has been granted visa
number 04-384 by the Autorite des marches financiers ("AMF") and
which is available on the website of the AMF
(http://www.amf-france.org/) and without cost from: BNP Paribas
Securities Services, GIS-Emetteurs, Service Logistique, Les
Collines de l'Arche, 75450 Paris Cedex 9 and to the recommendation
statement (note d'information en r�ponse) which has been granted
visa number 04-510. The public offer to holders of Aventis ordinary
shares located in Germany (the "German Offer") is being made in
accordance with applicable German law and pursuant to an offer
document/sales prospectus, which is available free of charge at BNP
Paribas Securities Services, Gruneburgweg 14, D-60322 Frankfurt am
Main (Fax: 069 - 152 05 277) and on the website of the Company
(http://www.sanofi-synthelabo.com/). Any decision to tender Aventis
ordinary shares in exchange for Sanofi-Synthelabo ordinary shares
under the German Offer must be taken exclusively with regard to the
terms and conditions of the German Offer, as well as with regard to
the information included in the offer document/sales prospectus,
including any amendments thereto, issued in Germany. The French
Offer, the U.S. Offer and the German Offer are being made on
substantially the same terms and completion of these offers is
subject to the same conditions. It is intended that the three
offers will expire at the same time. Investors and security holders
may obtain a free copy of the Form 20-F filed with the SEC on April
2, 2004 and any other documents filed by Sanofi-Synthelabo with the
SEC at http://www.sec.gov/ as well as of the Reference Document
filed with the AMF on April 2, 2004 (No. 04-0391) at
http://www.amf-france.org/ or directly from Sanofi-Synthelabo on
our web site at: http://www.sanofi-synthelabo.com/ . CONTACT:
Jean-Marc Podvin Vice President, Media Relations Sanofi-Synthelabo
+331-53-77-4223 DATASOURCE: Sanofi-Synthelabo CONTACT: Jean-Marc
Podvin, Vice President, Media Relations of Sanofi-Synthelabo,
+331-53-77-4223 Web site: http://www.sanofi-synthelabo.com/ Company
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