Acquisition | MORPHIC HOLDING INC | 16th August 2024
Initially announced on July 8, 2024 ELI LILLY & CO made a cash offer for MORPHIC HOLDING INC of USD 57 per MORPHIC HOLDING INC share held. The tender offer will expire one minute after 11:59 pm on August 15, 2024, unless extended or terminated. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on August 16, 2024. Trading in shares of MORPHIC HOLDING INC is expected to be halted effective August 16, 2024.
The treatment below will be applied to the following indices:
- MORPHIC HOLDING INC will be removed from the Index.
- The weight of MORPHIC HOLDING INC (MORF.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 16/08/2024
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