McKesson Announces Final Offer For Celesio - Quick Facts

(RTTNews) - McKesson Corp. (MCK), a North American healthcare services and information technology company, announced an agreement with Franz Haniel & Cie. GmbH, currently representing a 50.01% stake in Celesio (CAKFF.PK), to increase the purchase price for its shareholding in Celesio to 23.50 euros per share. Accordingly, the price McKesson is offering to Celesio shareholders by way of a voluntary public takeover offer increases to 23.50 euros per share.

McKesson announced that it has increased the consideration offered under its tender offers for the outstanding convertible bonds of Celesio Finance B.V. to a price equating to a look-through price of 23.50 euros per underlying Celesio share. McKesson also announced that it has reached an agreement with Elliot to acquire their Celesio convertible bonds.

McKesson noted that the periods to accept the Takeover Offer and the Tender Offers will remain unaffected and will end on January 9, 2014, 24:00 hours CET.