Fusion Pharmaceuticals (FUSN) announced the successful completion of the acquisition of all of the issued and outstanding shares of Fusion by a wholly-owned subsidiary of AstraZeneca (AZN) by way of a statutory plan of arrangement under section 192 of the Canada Business Corporations Act, referred to as the Arrangement. As a result of the Arrangement, Fusion has become a wholly owned subsidiary of AstraZeneca, with operations continuing in Canada and the US. Fusion shares will be delisted from the Nasdaq Stock Market and deregistered under the U.S. Securities Exchange Act of 1934. Fusion has submitted an application to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate Fusion’s Canadian public reporting requirements.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AZN:
- AstraZeneca reports Tagrisso plus chemo recommended for approval in EU
- AstraZeneca presents results from LAURA Phase III trial
- AstraZeneca presents results from ADRIATIC Phase III trial
- AstraZeneca, Daiichi Sankyo’s ENHERTU demonstrates improvement in PFS
- Fusion Pharmaceuticals receives final court order approving AstraZeneca deal
Questions or Comments about the article? Write to editor@tipranks.com