Johnson & Johnson Publishes Interim Result for Actelion Tender Offer and Declares the Tender Off

Johnson & Johnson press release -------- Johnson & Johnson (NYSE: JNJ) today announced that its Swiss subsidiary, Janssen Holding GmbH (“Janssen”), published the provisional notice of the interim result of its all-cash public tender offer in Switzerland to acquire all publicly held shares of Actelion Ltd ((“Actelion”) SIX:ATLN) for $280 per share, payable in U.S. dollars, per the offer prospectus of February 16, 2017. At the expiration of the main offer period on March 30, 2017, 10:00 a.m. EDT, 4:00 p.m. CEST, a total of 78,629,955 Actelion shares were tendered, corresponding to 73.25% of the 107,339,642 Actelion shares covered by the tender offer. Including the Actelion shares tendered, Janssen and Actelion, a person acting in concert with Janssen, held as of the end of the main offer period 83,195,346 Actelion shares, corresponding to 77.20% of the voting rights and the share capital of Actelion. To learn more click on the picture below to read the release.