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Lifewatch AG (LIFE.S)

LIFE.S on Swiss Exchange

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CHF-0.15 (-1.04%)
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CHF14.45
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CHF8.81

Latest Key Developments (Source: Significant Developments)

LifeWatch says BioTelemetry issued prospectus to acquire LifeWatch
Monday, 24 Apr 2017 05:00pm EDT 

April 24 (Reuters) - Lifewatch Ag :Shareholders of lifewatch will receive either chf 10 in cash and 0.1457 shares of biotelemetry stock or chf 8.00 in cash and 0.2185 shares of biotelemetry stock.Board of directors of lifewatch supports public tender offer by biotelemetry and recommends that shareholders accept it.Total deal value increased to a range of chf 269 million to chf 275 million.Main offer consideration and alternative offer consideration now have values of chf 14.56 or chf 14.84, respectively.  Full Article

Biotelemetry issues prospectus for public tender offer
Monday, 24 Apr 2017 05:00pm EDT 

April 24 (Reuters) - Biotelemetry Inc ::Biotelemetry, Inc. issues prospectus for public tender offer to acquire lifewatch ag.Biotelemetry - shareholders of lifewatch will get either chf10.00 in cash, 0.1457 shares of co's stock or chf8.00 in cash, 0.2185 shares of co's stock.Biotelemetry - based on April 7 share price, total deal value was approximately CHF260 million.Biotelemetry - board of Lifewatch supports public tender offer by biotelemetry and recommends that shareholders accept it.  Full Article

Lifewatch: BioTelemetry launches tender offer
Monday, 10 Apr 2017 12:47am EDT 

Lifewatch AG : Said on Sunday BioTelemetry, Inc. launches a tender offer to acquire Lifewatch AG . The total deal value is approximately 260 million Swiss francs ($257.71 million) .BioTelemetry intends to disseminate an Offer Prospectus and commence the tender offer by mid-April 2017.  Full Article

BioTelemetry launches tender offer to acquire Lifewatch AG
Sunday, 9 Apr 2017 04:21pm EDT 

BioTelemetry Inc : BioTelemetry, Inc launches a tender offer to acquire Lifewatch AG . Lifewatch AG shareholders will receive either CHF10.00 in cash and 0.1457 shares of BioTelemetry stock . or Lifewatch shareholders will receive CHF8.00 in cash and 0.2185 shares of BioTelemetry stock, depending on their preference . total deal value is approximately CHF260 million . BioTelemetry will fund transaction with a combination of cash on hand, debt and equity . transaction has been approved by both boards of directors . expects combination to yield significant synergies to be realized over 12 to 18 month period, post-closing . assuming transaction full synergies had been realized immediately, combined 2017 adjusted ebitda would be approximately $95 to $100 million .transaction is expected to close in q3 of 2017.  Full Article

Lifewatch says is now operational in Turkey
Monday, 27 Mar 2017 01:00am EDT 

Lifewatch AG : Lifewatch now operational in Turkey .Is pleased to announce that its Turkish subsidiary, Lifewatch Saglik Hizmetleri A.S., is now fully operational and has started to provide cardiac diagnostic monitoring services to a limited number of Turkish patients.  Full Article

Aevis Victoria: statement on the report of board of directors of Lifewatch
Monday, 13 Mar 2017 02:05am EDT 

Aevis Victoria SA : Position statement on the report of the board of directors of Lifewatch Ltd. . Regrets that committee created for this occasion recommended to reject its friendly offer . Evaluation of Ernst & Young values exchange offer for Lifewatch shareholders between 12.40 Swiss francs and 13.60 francs ($12.31 - $13.50) per Lifewatch share . Is convinced that Lifewatch would benefit from support of a reference shareholder with a strong presence in healthcare sector .Upon successful completion of offer, Lifewatch would become an independently managed subsidiary of Aevis.  Full Article

LifeWatch recommends rejection of Aevis Victoria offer
Friday, 10 Mar 2017 11:45am EST 

LifeWatch AG : Recommends rejection of the Aevis Victoria offer and continues solicitation process . Solicitation process with other parties is on-going and company will report to shareholders as soon as situation allows . Says committee sees more value for company and company's shareholders by further pursuing company's strategy on a stand-alone basis or by combining with a suitable industrial partner . Says there is no identifiable strategic benefit for LifeWatch in a combination with Aevis Victoria sa and no clear rationale as outlined in prospectus .Says there is no identifiable revenue or cost synergies available through a combination with Aevis Victoria.  Full Article

Lifewatch says whistleblower case settled
Wednesday, 8 Mar 2017 12:56am EST 

Lifewatch AG : Whistleblower case settled .Federal claims in qui tam case brought, in part, on behalf of federal government payors, Medicare, Tricare and Veterans Administration have been dismissed with prejudice.  Full Article

Aevis Victoria publishes prospectus of takeover offer for Lifewatch
Monday, 20 Feb 2017 01:15am EST 

Aevis Victoria SA : Publishes the prospectus of its public takeover offer for Lifewatch Ltd. . Exchange offer values Lifewatch share between 12.40 Swiss francs and 13.60 francs ($12.36 - $13.55) .Offer period will start on March 7, 2017 and end on April 10, 2017 at 16h00 CEST.  Full Article

Lifewatch to solicit additional offers
Wednesday, 1 Feb 2017 11:30am EST 

Lifewatch AG : Lifewatch to solicit additional offers .Announces that following public offer made by Aevis last week, and in interest of company and all shareholders, Lifewatch has decided to solicit additional offers.  Full Article

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BRIEF-Biotelemetry issues prospectus for public tender offer

* Biotelemetry, Inc. issues prospectus for public tender offer to acquire lifewatch ag