Brief: Chinook Therapeutics Inc Says Co Will Be Obligated To Pay Termination Fee Of $112 Million To Novartis
June 12 (Reuters) - Chinook Therapeutics Inc KDNY.O :
* CHINOOK THERAPEUTICS INC SAYS UPON TERMINATION OF MERGER,
CO
WILL BE OBLIGATED TO PAY TERMINATION FEE OF $112 MILLION TO
NOVARTIS
* CHINOOK THERAPEUTICS INC SAYS UPON TERMINATION OF MERGER,
NOVARTIS WILL BE REQUIRED TO PAY REVERSE TERMINATION FEE OF $192
MILLION TO CO
Source text for Eikon: ID:
Further company coverage: KDNY.O
Recent news on Chinook Therapeutics
See all newsBrief: Novartis Completes Acquisition Of Chinook Therapeutics
Chinook Therapeutics Inc reports results for the quarter ended in June - Earnings Summary
Chinook Therapeutics Inc expected to post a loss of 81 cents a share - Earnings Preview
Brief: Chinook Therapeutics Announces First Patient Enrolled In Phase 3 Of Zigakibart
Brief: Muddy Waters- Remains Short On Chinook Therapeutics Inc