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Stryker Announced Intention to Complete Acquisition of Wright Medical; Said 96% of Wright Medical Shares Were Tendered by Tuesday's Expiration

Stryker Announced Intention to Complete Acquisition of Wright Medical; Said 96% of Wright Medical Shares Were Tendered by Tuesday's Expiration

Stryker宣布有意完成对Wright Medical的收购;表示截至周二到期,96%的Wright Medical股票已被投标
Benzinga Real-time News ·  2020/11/11 03:48

Stryker (NYSE:WMGI) by effectuating the mergers described in the tender offer statement on Schedule TO filed by Stryker B.V., an indirect, wholly owned subsidiary of Stryker, with the U.S. Securities and Exchange Commission on December 13, 2019, as amended. The previously announced cash tender offer for all outstanding ordinary shares of Wright Medical by Stryker B.V. expired at 5:00 p.m., Eastern Time, on November 10, 2020. American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, has preliminarily advised Stryker B.V. that as of the expiration time, approximately 124,901,861 Wright Medical ordinary shares, representing approximately 96% of the outstanding Wright Medical ordinary shares, were validly tendered pursuant to the tender offer and not properly withdrawn. Subject to the terms and conditions set forth in the purchase agreement, dated November 4, 2019, among Stryker, Stryker B.V. and Wright Medical, which are described in the Schedule TO, on November 11, 2020, Stryker B.V. intends to accept for payment all shares that were validly tendered pursuant to the tender offer and not properly withdrawn, and Stryker intends to effectuate the mergers promptly thereafter. Accordingly, as described in the Schedule TO, Stryker does not intend to provide a "subsequent offering period" for the offer.

Stryker(纽约证券交易所:Wmgi)通过按计划实施收购要约声明中描述的合并,由Stryker的间接全资子公司Stryker B.V.于2019年12月13日提交给经修订的美国证券交易委员会(U.S.Securities and Exchange Commission)。此前由Stryker B.V.宣布的对莱特医疗所有已发行普通股的现金收购要约已于美国东部时间2020年11月10日下午5点到期。收购要约的保管人美国股票转让信托公司已经初步通知Stryker B.V.,截至到期日,大约124,901,861股莱特医疗普通股(约占已发行莱特医疗普通股的96%)已根据收购要约进行了有效投标,并未被适当撤回。在符合Stryker、Stryker B.V.和Wright Medical于2019年11月4日签订的购买协议中规定的条款和条件(如附表所述)的情况下,Stryker B.V.打算接受根据投标要约有效投标但没有适当撤回的所有股票用于支付,Stryker打算在此后迅速完成合并。(注:根据收购要约,Stryker B.V.和Wright Medical之间的购买协议的条款和条件在2020年11月11日的附表中描述),Stryker B.V.打算接受根据投标要约有效投标但没有适当撤回的所有股票用于付款,Stryker打算在此后迅速完成合并。因此,如的时间表所述,Stryker不打算为要约提供“后续要约期”。

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