Citigroup Global Markets India Pvt. Ltd. (Manager to the Offer) has submitted to the Exchange a copy of Disclosure in relation to number of Equity Shares tendered in connection with the Open Offer on May 05,2025
SANOFICONR · price
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Citigroup Global Markets, the manager to the open offer for Sanofi Consumer Healthcare India, has disclosed that 15,29,681 equity shares (25.55% of the offer size) have been tendered by public shareholders as of May 5, 2025. The tendering broke down as 13,03,988 shares on May 3 and 46,758 shares on May 5. The open offer is for up to 59,87,962 shares (26% of voting capital) by Opal Bidco SAS along with Clayton, Dubilier & Rice Fund XII as persons acting in concert. Tendered shares will still be subject to validation, and the final accepted number may differ from the tendered count.
Public shareholders have tendered nearly the full 26% offer size, indicating strong acceptance of the open offer. Once validated, this acquisition will result in a change in control of Sanofi Consumer Healthcare India, potentially affecting liquidity and shareholder composition post-offer.