Approval by The European Commission of the Planned Acquisition of Aventis By Sanofi-Synthelabo
April 27 2004 - 10:52AM
PR Newswire (US)
Approval by The European Commission of the Planned Acquisition of
Aventis By Sanofi-Synthelabo PARIS, April 27 /PRNewswire-FirstCall/
-- Sanofi-Synthelabo expresses its satisfaction following
yesterday's decision of the European Commission, authorising the
Sanofi-Synthelabo/Aventis transaction. This decision, which
confirms the accuracy of Sanofi-Synthelabo's analysis, shows in
particular the complementary nature of the combined group's
existing product portfolio. As anticipated when the offers were
announced in January 2004, the divestments agreed with the
Commission involve products which represent only a small percentage
of the combined sales of the Sanofi-Synthelabo and Aventis group.
These divestments are described in the Commission's press release.
In accordance with article 7 of the COB rule no. 2002-04, this
document was transmitted to the Autorite des marches financiers
(AMF) before its publication. Important Information: In connection
with the proposed acquisition of Aventis, Sanofi-Synthelabo has
filed a registration statement on Form F-4 (File no. 333-112314),
including a prospectus/offer to exchange, and will file additional
documents with the United States Securities and Exchange Commission
(SEC) Investors are urged to read the registration statement,
including the prospectus/offer to exchange, and any other relevant
documents filed with the SEC, including all amendments and
supplements (including any supplement relating to its revised
offers), because they contain important information. Free copies of
the registration statement, as well as other relevant documents
filed with the SEC, may be obtained at the SEC's web site at
http://www.sec.gov/. The prospectus/offer to exchange and other
transaction-related documents are being mailed to Aventis
securityholders eligible to participate in the U.S. offer and
additional copies may be obtained for free from MacKenzie Partners,
Inc., the information agent for the U.S. offer, at the following
address: 105, Madison Avenue, New York, New York 10016; telephone
1-(212) 929-5500 (call collect) or 1-(800) 322-2885 (toll-free
call); e-mail . In connection with its revised offer, Sanofi-
Synthelabo intends to distribute a supplement to the
prospectus/offer to exchange as soon as practicable. In France,
holders of Aventis securities are requested, with respect to the
offer, to refer to the prospectus (note d'information), which has
been granted visa number 04-0090 by the AMF and which is available
on the website of the AMF (http://www.amf-france.org/) and without
cost from: BNP Paribas Securities Services, GIS-Emetteurs, Service
Logistique, Les Collines de l'Arche, 75450 Paris Cedex 9 and to all
other appropriate documents relating to the French offer filed with
the AMF. The public offer to holders of Aventis ordinary shares
located in Germany (the "German Offer") is being made in accordance
with applicable German law and pursuant to an offer document/sales
prospectus, which is available free of charge at BNP Paribas
Securities Services, Gruneburgweg 14, D-60322 Frankfurt am Main
(Fax: 069 - 152 05 277) and on the website of the Company
(http://www.sanofi-synthelabo.com/). Any decision to tender Aventis
ordinary shares in exchange for Sanofi-Synthelabo ordinary shares
under the German Offer must be taken exclusively with regard to the
terms and conditions of the German Offer, as well as with regard to
the information included in the offer document/sales prospectus,
including any amendments thereto, issued in Germany. The French
Offer, the U.S. Offer and the German Offer are being made on
substantially the same terms and completion of these offers is
subject to the same conditions. It is intended that the three
offers will expire at the same time. Investors and security holders
may obtain a free copy of the Form 20-F filed with the SEC on April
2, 2004 and any other documents filed by Sanofi- Synthelabo with
the SEC at http://www.sec.gov/ as well as of the Reference Document
filed with the AMF on April 2, 2004 (No. 04-0391) at
http://www.amf-france.org/ or directly from Sanofi-Synthelabo on
our web site at: http://www.sanofi-synthelabo.com/. CONTACT:
Jean-Marc Podvin Vice President, Media Relations Sanofi-Synthelabo
+331-53-77-4223 DATASOURCE: Sanofi-Synthelabo CONTACT: Jean-Marc
Podvin, Vice President, Media Relations of Sanofi- Synthelabo,
+331-53-77-4223 Web site: http://www.sanofi-synthelabo.com/ Company
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