In a transformative move for Taiwan's pharmaceutical landscape, Easywell Biomedicals and Genovate Biotechnology announced a definitive merger agreement via a share swap on March 12. Based on independent expert evaluations, the exchange ratio is set at 0.909 shares of Awi for 1 share of Genovate Biotechnology. Upon completion, Genovate Biotechnology will delist and integrate into the Awi ecosystem. Shareholder meetings for both firms are scheduled for April 22.
Resource: 震撼彈!易威以0.909比1換股併購健亞 打造台美雙基地藥廠