10.06.1999, 11:45
Messages sent by news aktuell GmbH, Hamburg ---------+---------+---------+---------+---------+---------+--------- Merck inengl. Distribution and Tranlation Ciao! M. Trzcinski ---------+---------+---------+---------+---------+---------+--------- MerckKGaA, Germany, to make tender offer for all outstanding shares ofVWR Scientific Products Corporation Darmstadt, New York (ots) -Merck KGaA, Darmstadt, Germany announced that its indirectsubsidiary EM Laboratories, Inc., Hawthorne, New York, hasentered into an Agreement and Plan of Merger, dated as of June 8,1999, by which a Merck KGaA subsidiary set up specifically forthis transaction will make a tender offer to acquire all of theCommon Stock of VWR Scientific Products Corporation, WestChester, PA, USA (VWRX) not currently held by EM Laboratories andits affiliates for US $37.00 per share. The tender offer will bemade for approx. 15,000,000 shares and all outstanding options.The offer will be followed by a merger in which any remainingstock of VWR will be exchanged for cash at the same price pershare paid in the tender offer. The tender offer is conditioned on the receipt of a majority ofthe VWR Common Stock not held by EM Laboratories and itsaffiliates, as well as approval of the antitrust authorities andother customary conditions. The Merck Group already holds a 49.9percent equity position in the company. The planned acquisitionof all remaining shares of VWR will consolidate Merck'slaboratory distribution business in the North American marketplace. With the acquisition of VWR, together with the recentlyestablished Merck Eurolab N.V., the holding and managementcompany for Merck KGaA's European laboratory distributionactivities, the Merck Group will further improve its ability tooffer its customers enhanced services in the laboratory supplybusiness. With sales in excess of US $1.3 billion, VWR is one ofthe leading suppliers of laboratory equipment, chemicals,production supplies, science education materials and generalsupplies to the scientific market place. VWR operates anextensive distribution network consisting of five highlyautomated regional distribution centers and over 50 servicecenters and just-in-time facilities. VWR currently offers over350,000 products from more than 1,800 vendors and is a pioneer inintegrated business services and electronic commerce solutions.Merck KGaA is a worldwide operating group of companies withactivities in pharmaceuticals, specialty chemicals and theproduction and distribution of laboratory products. In 1998annual revenues exceeded DM 8 billion, the laboratory segmentaccounted for DM 1.9 billion in sales. ots Originaltext: MerckKGaA Internet: http://www.newsaktuell.de Contact: Merck KGaATel.: 06151/ 722386/ 727109 Fax: 06151/ 727707/ 723138
Upozorňujeme odběratele, že materiály označené značkouPROTEXT nejsou součástí zpravodajského servisu ČTK a nelze jepublikovat pod její značkou. Jde o komerční sdělení zadavatele,který je ve zprávě označen a který za něj nese plnou odpovědnost.
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