Lundbeck announces expiration of Longboard tender offer and that all tender offer conditions are fulfilled
· A significant step forward in Lundbeck’s Focused Innovator strategy and advancing the goal of building a robust neuro-rare franchise · The transaction is expected to close on December 2, 2024, following Lundbeck’s acceptance of all shares of common stock validly tendered and not validly withdrawn pursuant to the tender offer · Total transaction value of approximately USD 2.6 billion equity value and USD 2.5 billion net of cash (approximately DKK 17 billion) · The acquisition is expected to contribute to Lundbeck’s long-term revenue growth potential following expected launch in