EQS-Adhoc
AEVIS VICTORIA SA tenders shares into BioTelemetry's revised takeover offer for LifeWatch Ltd
EQS Group-Ad-hoc: AEVIS VICTORIA SA / Key word(s): Offer NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA AND JAPAN |
Press release
Fribourg, 24 May 2017
AEVIS VICTORIA SA tenders shares into BioTelemetry's revised takeover offer for LifeWatch Ltd
The revised offer of BioTelemetry that was published yesterday gives shareholders of LifeWatch Ltd the option to receiving either CHF 10.00 in cash and 0.1617 shares of BioTelemetry stock or CHF 8.00 in cash and 0.2350 shares of BioTelemetry stock.
AEVIS VICTORIA SA (AEVIS VICTORIA) remains convinced that LifeWatch would benefit from the support of a reference shareholder and sees BioTelemetry as such a strategic shareholder with a strong presence in the healthcare sector. Therefore, AEVIS VICTORIA supports the revised offer of BioTelemetry in the best interest of LifeWatch.
AEVIS VICTORIA has irrevocably agreed to tender all its currently owned 2'207'089 shares of LifeWatch Ltd into the revised public offer of BioTelemetry within the main offer period.
As a consequence, AEVIS VICTORIA has decided not to increase its offer price under its tender offer for LifeWatch Ltd dated 20 February 2017.
For more information:
AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich
Philippe R. Blangey, prb@dynamicsgroup.ch, +41 (0) 43 268 32 35 or +41 (0) 79 785 46 32
Séverine Van der Schueren, svanderschueren@aevis.com, +41 (0) 26 350 02 02
AEVIS VICTORIA SA - Investing for a better life
AEVIS VICTORIA SA invests in services to people, healthcare, hospitality, life sciences and lifestyle. AEVIS VICTORIA′s main shareholdings are Swiss Medical Network SA, the second largest group of
private hospitals in Switzerland, Victoria-Jungfrau Collection AG, a luxury hotel group managing four luxury hotels in Switzerland, a hospitals and hospitality real estate division, Medgate, the
leading telemedicine provider in Switzerland, and NESCENS SA, a brand dedicated to better aging. AEVIS is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW). www.aevis.com.