Baxalta Announces Pricing Of Secondary Offering Of Common Stock

BANNOCKBURN, Ill.--(BUSINESS WIRE)--Baxalta Incorporated (NYSE: BXLT) announced today the pricing of its previously announced secondary public offering of 37,573,040 shares of its common stock at a price to the public of $39.50 per share. Baxalta is not selling any shares and will not receive any proceeds from the sale of the shares in the offering or the debt-for-equity exchange (as described below). The offering is expected to close on February 2, 2016, subject to customary closing conditions.

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