Kaunas, Lithuania, 2011-08-30 08:51 CEST (GLOBE NEWSWIRE) --
On 29 August 2011 SANITAS AB received a notification from shareholder Valeant Pharmaceuticals International, Inc. about the decision of the Securities Commission of the Republic of Lithuania of 29 August 2011 to approve the circular of a non-competitive mandatory tender offer to buy up the remaining ordinary registered voting shares of SANITAS AB.
The tender offer price is EUR 10.06 per 1 (one) ordinary registered share of SANITAS AB, LTL 1 (one litas) par value (ISIN code LT0000106171) each (equivalent in litas is equal to LTL 34.74). Commencement of the implementation of the tender offer is on 2 September 2011, termination – on 15 September 2011.
Comprehensive conditions of the tender offer are presented in the circular attached (please see the annex).
A person authorized to provide additional information: Mr. Saulius Jurgelenas, Chief Executive Officer of SANITAS AB phone number +370 686 67779.
Lawyer
Dovilė Morkytė
+370 615 15163
