M&A
confidence high
sentiment neutral
materiality 0.55
HOOKIPA abandons plan to acquire Poolbeg Pharma; issues Rule 2.8 no-offer statement
HOOKIPA Pharma Inc.
- HOOKIPA board decides not to proceed with all-share acquisition of Poolbeg Pharma announced on Jan 2, 2025.
- Announcement made under UK Takeover Code Rule 2.8; HOOKIPA reserves right to reverse under certain conditions.
- Discussions for combination have ceased; no firm offer was made.
- Financial adviser Moelis & Company advised HOOKIPA on the potential deal.