Novo Nordisk Announces Completion of Dicerna Pharmaceuticals Acquisition
December 28 2021 - 9:04AM
Business Wire
Novo Nordisk today announced that the acquisition of Dicerna
Pharmaceuticals, Inc. (Dicerna; Nasdaq: DRNA), announced on 18
November 2021, has been completed.
Following the expiration of Novo Nordisk’s cash tender offer for
Dicerna, Novo Nordisk has today acquired all outstanding shares of
common stock of Dicerna at a price of USD 38.25 per share in cash,
without interest and less any applicable tax withholding.
Novo Nordisk has been advised by the depositary for the tender
offer that a total of approximately 64,946,526 shares of Dicerna’s
common stock were validly tendered and not validly withdrawn in the
tender offer as of the tender offer expiration at 5.00 pm EST on 27
December 2021, which represent approximately 82.6% of the total
number of shares of Dicerna’s common stock outstanding.
Following the finalisation of the tender offer, Novo Nordisk
completed the acquisition of Dicerna today through a merger of Novo
Nordisk’s wholly owned subsidiary with and into Dicerna in which
all shares not tendered into the offer were cancelled and converted
into the right to receive cash equal to the USD 38.25 offer price
per share, without interest, less any applicable tax
withholding.
At the completion of the merger, Dicerna became a wholly owned
subsidiary of Novo Nordisk. The common stock of Dicerna will no
longer be listed or traded on the Nasdaq Global Select Market.
About the acquisition For more information, please
see:
Novo Nordisk to acquire Dicerna Pharmaceuticals including the
RNAi research technology platform
About Novo Nordisk Novo Nordisk is a leading global
healthcare company, founded in 1923 and headquartered in Denmark.
Our purpose is to drive change to defeat diabetes and other serious
chronic diseases such as obesity and rare blood and endocrine
disorders. We do so by pioneering scientific breakthroughs,
expanding access to our medicines, and working to prevent and
ultimately cure disease. Novo Nordisk employs about 47,000 people
in 80 countries and markets its products in around 170 countries.
For more information, visit novonordisk.com, Facebook, Twitter,
LinkedIn and YouTube.
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version on businesswire.com: https://www.businesswire.com/news/home/20211227005121/en/
Media: Anne Margrethe Hauge +45 3079 3450
amhg@novonordisk.com
Michael Bachner (US) +1 609 664 7308 mzyb@novonordisk.com
Investors: Daniel Muusmann Bohsen +45 3075 2175
dabo@novonordisk.com
Ann Søndermølle Rendbæk +45 3075 2253 arnd@novonordisk.com
David Heiberg Landsted +45 3077 6915 dhel@novonordisk.com
Mark Joseph Root (US) +1 848 213 3219 mjhr@novonordisk.com
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