Amryt Pharma shareholders agree to acquisition by Chiesi

Mar. 22, 2023 11:55 AM ETAmryt Pharma plc (AMYT)By: Jonathan Block, SA News Editor

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Maksim Labkouski

  • Amryt Pharma (NASDAQ:AMYT) shareholders have approved the company's acquisition by Chiesi Farmaceutici.
  • The deal is expected to close in Q2.
  • Although the waiting period under the Hart-Scott-Rodino Antitrust Act has ended, the transaction is subject to other approvals and closing conditions.
  • Chiesi paid ~$1.25B in upfront consideration plus contingent value rights representing an additional ~$225M of potential consideration.

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