BioCentury
ARTICLE | Company News

Biora, Straumann deal

April 14, 2003 7:00 AM UTC

Implant dentistry company Straumann plans to acquire BIOR for about SEK404 million ($47.3 million) in cash. Straumann is offering SEK17 per BIOR share, which is a 41% premium to BIOR’s April 4 closing price of SEK12.1. Straumann also is offering SEK1.50 per BIOR warrant. BIOR’s board has recommended the offer. ...