TAP Biosystems Group Plc Shareholders Approve Sartorius Stedim Biotech’ Takeover Offer

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GOETTINGEN, Germany--(BUSINESS WIRE)--The shareholders of UK company TAP Biosystems Group plc approved Sartorius’ takeover offer at the shareholder meetings held yesterday. The cash offer made through Sartorius’ wholly-owned subsidiary Sartorius Stedim Biotech GmbH valued TAP Biosystems Group plc at approximately €33 million. The transaction is expected to close at the end of 2013.

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