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H. Lundbeck's Major Shareholder Kicks Off Voluntary Share Exchange Offer

MT Newswires·08/19/2026 01:48:02
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01:48 AM EDT, 08/19/2026 (MT Newswires) -- H. Lundbeck (HLUN-A.CO, HLUN-B.CO) said Wednesday it plans to participate in the voluntary exchange offer for its A-shares by major shareholder Lundbeckfond Invest. Lundbeckfond, a subsidiary of the Lundbeck Foundation, is directing the offer to eligible shareholders of the Danish biopharmaceutical company. The offer to equally exchange A shares in the company with B shares will run from Wednesday through Sept. 16, with settlement expected to be completed by Sept. 21. Lundbeckfond said the offer will improve the flexibility of Lundbeck for future opportunities.