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DewDiligence

01/29/18 11:29 AM

#216913 RE: o #216909

Re: SNY-ABLX

The €45.00/sh buyout price is a 123% premium relative to ABLX.BR’s closing price of €21.20 on 1/5/18, the last trading day before NVO publicly disclosed its (rejected) buyout offer of €30.5/sh (#msg-137495451).

Today’s CC slides:
https://en.sanofi.com/Images/50614_Ablynx_IR_Call_FINAL_web.pdf