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14 April 2010

Boehringer Ingelheim announces successful completion of a tender offer to acquire outstanding shares in SSP Co., Ltd.

Ingelheim, Germany, 14. April 2010 - Boehringer Ingelheim announced today that Boehringer Ingelheim Japan Investment GK ("BIJI") successfully completed its tender offer to acquire common stocks of SSP Co., Ltd. ("SSP"). The offer period expired on 13. April 2010 and a total of 93.8 % of outstanding SSP shares were tendered and accepted at JPY 710 per share. Total consideration for the offer is approximately JPY 77.2 billion (approx 611 Mio. €).

BIJI is a wholly-owned subsidiary of Boehringer Ingelheim Auslandsbeteiligungs GmbH ("BIAB"), a management company of the majority of the overseas Boehringer Ingelheim group of companies. Nippon Boehringer Ingelheim Co., Ltd., which is also a wholly-owned Japanese subsidiary of BIAB and a former parent of SSP, tendered all its SSP shares (approximately 60.2% of the issued shares) in the offer.


 

After the completion of the offer, BIJI intends to request that SSP take series of procedures necessary under the Japanese law to make SSP a wholly-owned subsidiary of BIJI.

Contacts:
 Tetsuya Owari
Nippon Boehringer Ingelheim Co., Ltd.
Communications Department
Tokyo, Japan
Tel. +81/ 3-6417-2145 

Media contact

  • Judith von Gordon
    Boehringer Ingelheim

    Head of Global Media & PR
    Judith von Gordon
    Binger Strasse 173
    55216 Ingelheim am Rhein
    GERMANY

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Contact Nippon Boehringer Ingelheim Co., Ltd.

  • Nippon Boehringer Ingelheim Co., Ltd.

    Communications Department
    External Communications Group

    ThinkPark Tower
    2-1-1 Osaki, Shinagawa-ku
    Tokyo 141-6017, Japan

    • Phone +81/ 3-6417-2145
    • Fax +81/ 3-5435-2920
    • website

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