April 26, 2017 / 2:02 AM / 3 months ago

BRIEF-Blitz F16-83 GMBH to launch takeover offer for Epigenomics AG

1 Min Read

April 26 (Reuters) - Epigenomics Ag

* Epigenomics AG: BLITZ F16-83 GMBH to launch takeover offer for Epigenomics AG

* Epigenomics - Co, CFIC, Blitz F16-83 GMBH entered business combination agreement regarding takeover of Epigenomics by bidder

* Epigenomics - Other than by CFIC, bidder to be indirectly owned by largest current shareholder of Epigenomics, Biochain

* Epigenomics - Pursuant to BCA, bidder agreed to launch voluntary public takeover offer pursuant to german takeover act to buy all outstanding shares of Co

* Says under terms of BCA, Epigenomics shareholders will be offered 7.52 euros in cash per each ordinary share

* Says transaction values Epigenomics' equity, including net cash, at approximately 171 million euros

* Says current workforce of Epigenomics is not intended to be reduced as a consequence of transaction Source text for Eikon: Further company coverage:

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