Mylan To Convene Extraordinary Meeting Of Shareholders Over Perrigo Acquisition

(RTTNews) - Mylan N.V. (MYL) on Monday said it will hold its extraordinary general meeting of shareholders in connection with its proposed acquisition of Perrigo Co plc (TASE) at the Okura Hotel Amsterdam on Friday, August 28, 2015.

Among other agenda items at the extraordinary general meeting, Mylan shareholders will meet to vote on the approval, under article 2:107a of the Dutch Civil Code, of the acquisition of all or any portion of the ordinary shares of Perrigo outstanding as of the consummation of such acquisition and the issuance of Mylan ordinary shares to Perrigo shareholders as part of the consideration in such acquisition.

Mylan's Executive Chairman Robert Coury commented, "We are very pleased to bring our highly strategic and compelling offer to acquire Perrigo to our shareholders for their support, and look forward to achieving this important next step in the process. We have been steadfast in our belief that the combination of Mylan and Perrigo demonstrates clear and convincing industrial logic that will generate significant value for shareholders, employees, patients, customers, and other stakeholders."

As previously announced, Mylan issued a Rule 2.5 announcement under the Irish Takeover Rules setting forth its legally-binding commitment to commence an offer for the entire issued and to be issued share capital of Perrigo.