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Novolog Announces Extraordinary General Meeting to Discuss Subsidiary Merger

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Novolog Announces Extraordinary General Meeting to Discuss Subsidiary Merger

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Novolog ( (IL:NVLG) ) has provided an announcement.

Novolog (1966) Ltd has announced an extraordinary general meeting to discuss a merger with its subsidiary. The merger entails a share exchange ratio of 3.5 subsidiary shares for each company share, along with adjustments based on the company’s profits and other financial metrics. The approval of the merger requires shareholder and regulatory approvals, and a dividend will be declared as part of the transaction.

More about Novolog

YTD Price Performance: -10.64%

Average Trading Volume: 332,257

Current Market Cap: ILS868.3M

See more data about NVLG stock on TipRanks’ Stock Analysis page.

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