Sparta AG (DB:SPT6) made an offer to acquire remaining 95.8% stake in 4basebio AG (XTRA:4BSB) for €92.3 million on July 27, 2020. Under the terms, the shares will be acquired at a price of €2 per share. The acceptance period runs from September 1, 2020 to September 29, 2020.

The management board and supervisory board of 4basebio consider the amount of the offer consideration by the bidder to be appropriate. Thorsten Kuthe, Meike Dresler-Lenz, Stefan Westerheide, Lena Pfeufer and Michael Neises of Heuking Kühn Lüer Wojtek acted as legal advisor to 4basebio AG.