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Mayne Pharma Shareholders Endorse $7.40-a-Share Cosette Takeover Despite Legal Dispute
9:23am on Wednesday 18th of June, 2025 AEST
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Pharmaceuticals
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Mayne Pharma Shareholders Endorse $7.40-a-Share Cosette Takeover Despite Legal Dispute
9:23am on Wednesday 18th of June, 2025 AEST
Key Points
Shareholders approve Cosette’s full acquisition scheme at $7.40 per share
Mayne Pharma board unanimously recommends the scheme, pending no superior offer
Legal dispute with Cosette over alleged material adverse change delays implementation
Final court approval scheduled for 18 September 2025
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