Brief: Consortium Led By Nordic Capital, Permira To Make DKK 233 Offer For Bavarian Nordic

Bavarian Nordic A/S

28/07/2025 07:11

July 28 (Reuters) - Bavarian Nordic A/S BAVA.CO:

CONSORTIUM LED BY NORDIC CAPITAL AND PERMIRA WILL MAKE ALL-CASH RECOMMENDED PURCHASE OFFER FOR BAVARIAN NORDIC

OFFER PRICE IS DKK 233 IN CASH

OFFER PRICE 21.0% PREMIUM OVER JULY 23 CLOSING PRICE

EQUITY VALUED AT DKK 19 BILLION

BOARD INTENDS TO RECOMMEND SHAREHOLDERS ACCEPT OFFER

PRICE REPRESENTS PREMIUM OF 31.0% VERSUS ONE-MONTH VOLUME-WEIGHTED AVERAGE SHARE PRICE OF DKK 177.92 FOR PERIOD ENDING 23 JULY

OFFER COMPLETION EXPECTED IN Q4 2025

OFFEROR INTENDS TO SEEK DELISTING OF BAVARIAN NORDIC'S SHARES FROM TRADING AND OFFICIAL LISTING ON NASDAQ COPENHAGEN

OFFEROR INTENDS TO INITIATE AND COMPLETE A COMPULSORY ACQUISITION OF REMAINING BAVARIAN NORDIC SHARES.

Source text: ID:nGNE27pbJx

Further company coverage: BAVA.CO

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))