Overview
Announcements

Acquisition | POINT BIOPHARMA GLOBAL INC | 29th December 2023

Initially announced on October 5, 2023 ELI LILLY & CO made a cash offer for POINT BIOPHARMA GLOBAL INC of USD 12.5 per POINT BIOPHARMA GLOBAL INC share held. The tender offer expired on December 22, 2023. As of the expiration, 67.97% of shares were validly tendered, satisfying the Minimum Tender Condition. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on December 27, 2023. Trading in shares of POINT BIOPHARMA GLOBAL INC is expected to be halted effective December 27, 2023.

  • POINT BIOPHARMA GLOBAL INC will be removed from the Index.
  • The weight of POINT BIOPHARMA GLOBAL INC (PNT.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 29/12/2023

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