The Board has appointed Vice Chair Anne Louise Eberhard as new Chair of the Board.

“After careful reflection on both the process and the outcome of the recent takeover attempt, I have decided to step down to enable the board of Bavarian Nordic to focus on the company’s next phase of development. I have deep appreciation for the company’s remarkable achievements throughout its transformation in recent years and I take pride in having led the board during such a dynamic and important period. I extend my heartfelt thanks and best wishes to the management team and all employees for their dedication and professionalism as they continue to strengthen the company’s global position,” stated Luc Debruyne.

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The takeover offer of Bavarian Nordic is withdrawn and will not be completed

Earlier this autumn the company announced a takeover offer to acquire all of the issued and outstanding shares in Bavarian Nordic by Innosera, a company controlled by Nordic Capital Fund XI and funds managed and advised by Permira Beteiligungsberatung. The offeror has now informed Bavarian Nordic that, as the minimum acceptance condition has not been satisfied, […]