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Alere Inc. Statement Amending Acceptance Condition to Axis-Shield Offer
Date:9/26/2011

unces today that, based on publicly available information to which it has access, it has determined that no filing under the United States Hart-Scott Rodino Antitrust Improvements Act of 1976 and the regulations thereunder appears to be required at this stage in respect of the proposed acquisition of Axis-Shield by Alere AS Holdings. Accordingly, the related Condition in Part A of Appendix 1 to the Offer Document is treated as satisfied for the purposes of the Offer.
  • Assuming all other Conditions to the Offer have been satisfied or waived (if they are capable of being waived), if Alere AS Holdings receives acceptances of the Offer in respect of, or otherwise acquires, 90 per cent. or more of the Axis-Shield Shares to which the Offer relates and 90 per cent. or more of the voting rights carried by the Axis-Shield Shares to which the Offer relates, Alere AS Holdings intends to exercise its rights pursuant to the provisions of sections 979 to 991 (inclusive) of the Companies Act 2006 to acquire compulsorily the remaining Axis-Shield Shares to which the Offer relates in respect of which the Offer has not been accepted on the same terms as the Offer.
  • If Alere AS Holdings receives acceptances of the Offer which would result in Alere AS Holdings and/or any other members of the Alere Group holding Axis-Shield Shares carrying in aggregate more than 75 per cent. of the total number of Axis-Shield Shares, Alere AS Holdings intends to procure that Axis-Shield applies to the UK Listing Authority for the cancellation of listing of Axis-Shield Shares on the Daily Official List and to the London Stock Exchange and the Oslo Bors for the cancellation of admission to trading of Axis-Shield Shares on the London Stock Exchange's main market for listed securities and on the Oslo Bors, respectively. Following such cancellation and delisting, Alere AS Holdings intends to procure that Axis-Shield re-registers from a public limited company to a private limited company. Suc
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  • SOURCE Alere Inc.
    Copyright©2010 PR Newswire.
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