Mediobanca Raises Stake In Crucell To 5.51% - Dutch Regulator
10 Dezembro 2010 - 8:26AM
Dow Jones News
Italian investment bank Mediobanca SpA (MB.MI) has increased its
stake in biotechnology firm Crucell NV (CXRL.AE) to 5.51%, Dutch
market regulator AFM said Friday.
The move takes Mediobanca's stake above the 5% regulatory
threshold, requiring it to disclose the size of its stake.
Later Friday afternoon, Crucell will hold an extraordinary
shareholders meeting in Amsterdam to discuss Johnson &
Johnson's (JNJ) bid of EUR24.75 a share to take over the Dutch
biotechnology company. J&J launched a bid for Crucell
Wednesday, totaling EUR1.75 billion, for the stake it doesn't
already own. The U.S. drug maker already holds about 17.9% of
Crucell shares.
At 0936 GMT, Crucell shares were down 0.08% at EUR23.93.
-By Roberta Cowan, Dow Jones Newswires; +3120-571-5200;
roberta.cowan@dowjones.com
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