NorthWest Biotherapeutics Inc (NWBO): From Hargreaves Lansdown. “Merck & Co...

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inclinedampforest

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Thursday, 05/20/2021 9:15:27 AM

Thursday, May 20, 2021 9:15:27 AM

From Hargreaves Lansdown. “Merck & Co Inc has announced that it intends to split its women’s health, trusted legacy brands and biosimilars businesses into a new company called Organon & Co. This is known as a demerger and will result in you holding shares in Organon as well as your existing Merck & Co Inc shares.

You’ll need to hold your Merck & Co shares at close of business on 2 June 2021 to qualify. You’ll get 0.10 of an Organon share for each Merck & Co share held at this time.”

Seems like Merck has been busy. 2nd June rings a bell.

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