Bavarian Nordic A/S (BAVA.CO,BVNKF) announced that it has entered into an agreement with Innosera ApS, a newly formed entity controlled by Nordic Capital Fund XI1 and funds managed and advised by Permira Beteiligungsberatung GmbH, pursuant to which Innosera will launch a recommended, all-cash voluntary public takeover offer to acquire all issued and outstanding shares, excluding treasury shares, in Bavarian Nordic. The offer price is 233 Danish Kroner in cash per share, valuing Bavarian Nordic's equity at approximately 19 billion Kroner based on fully diluted share capital.
The offer price of 233 Kroner per share represents a premium of 21.0% compared to the closing price of 192.50 Kroner on Nasdaq Copenhagen on 23 July 2025, the last day of trading prior to the latest Company Announcement.
Innosera expects completion of the offer, including payment to the tendering shareholders, to occur in the fourth quarter of 2025.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.