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nestle to buy aimmune

Nestle announced the results of the tender offer for Aimmune

1 min read

The FINANCIAL — Société des Produits Nestlé S.A. (“Nestlé”) today announced the results of the tender offer by its wholly-owned subsidiary, SPN MergerSub, Inc. (“Purchaser”), to purchase all of the outstanding shares (“Shares”) of common stock of Aimmune Therapeutics, Inc. (Nasdaq: AIMT) (“Aimmune”), other than any Shares held by Nestlé and its affiliates, for a price of USD 34.50 per Share (the “Offer Price”), net to the seller thereof in cash, without interest and subject to any withholding taxes (the “Offer”), which was made upon the terms and subject to the conditions set forth in the Offer to Purchase (the “Offer to…

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Nestle announced the results of the tender offer for Aimmune

1 min read

The FINANCIAL — Société des Produits Nestlé S.A. (“Nestlé”) today announced the results of the tender offer by its wholly-owned subsidiary, SPN MergerSub, Inc. (“Purchaser”), to purchase all of the outstanding shares (“Shares”) of common stock of Aimmune Therapeutics, Inc. (Nasdaq: AIMT) (“Aimmune”), other than any Shares held by Nestlé and its affiliates, for a…

Nestle to buy Aimmune’s peanut allergy treatment at $2.6 billion

3 mins read

The FINANCIAL — Nestle agreed to buy Aimmune Therapeutics Inc. for $2.6 billion, adding a promising peanut allergy treatment to its portfolio of coffee, snacks and water. The Swiss owner of Nespresso will pay $34.50 a share for the U.S. biotech firm, almost triple its last closing price. Aimmune makes a therapy to help reduce allergic…