Mylan To Commence Meda Offer On June 17

(RTTNews) - Mylan N.V. (MYL) announced that its Offer Document relating to its recommended public offer to the shareholders of Meda Aktiebolag (publ.) to tender all their shares in Meda to Mylan has been approved by the Swedish Financial Supervisory Authority. The Offer was initially announced on February 10, 2016.

The acceptance period for the Offer runs from and including June 17, 2016 up to and including July 29, 2016. Settlement is expected to commence around August 10, 2016. Mylan reserves the right to extend the acceptance period and, to the extent necessary and permissible, will do so in order for the acceptance period to cover applicable decision-making procedures at relevant authorities.