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Solvay to open Innogenetics offer Aug 12-Sept 5

Thu Jul 24, 2008 2:40am EDT
 
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BRUSSELS, July 24 (Reuters) - Belgian drugs maker Solvay (SOLB.BR: Quote, Profile, Research, Stock Buzz) said on Thursday it planned to open its 6.50 euros per share offer for Innogenetics (INNX.BR: Quote, Profile, Research, Stock Buzz) from August 12 to September 5.

Solvay increased its bid for Belgian biotech company Innogenetics (INNX.BR: Quote, Profile, Research, Stock Buzz) earlier this month, beating off a rival offer from U.S. disease diagnosis firm Gen-Probe Inc (GPRO.O: Quote, Profile, Research, Stock Buzz). (Reporting by Philip Blenkinsop)

 

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