Samsung Biologics Co LtdSamsung Biologics is acquiring PolyPeptide via its Swiss subsidiary at CHF 44.31/share, a ~CHF 1.46bn M&A deal.
Samsung Biologics, through its Swiss subsidiary Samsung Peptide AG, has published the tender offer prospectus for all publicly held shares of PolyPeptide Group AG, offering CHF 44.31 net in cash per share, implying an aggregate equity value of approximately CHF 1.46 billion. The offer price represents a 40% premium over the unaffected share price on the SIX Swiss Exchange as of April 10, 2026, and an 11.6% premium over the volume-weighted average price of the last 60 trading days before the pre-announcement on July 20, 2026. PolyPeptide's board unanimously recommends acceptance, supported by a fairness opinion from IFBC AG, and Draupnir Holding B.V., holding about 55.65% of shares, has committed to tender all its shares. The main offer period runs from September 15 to October 12, 2026, subject to a minimum acceptance threshold of 66⅔% on a fully diluted basis and regulatory approvals. Following settlement, Samsung Peptide intends to pursue a squeeze-out of remaining minority shareholders and delist PolyPeptide from the SIX.
Samsung Biologics Co LtdSamsung Biologics is acquiring PolyPeptide via its Swiss subsidiary at CHF 44.31/share, a ~CHF 1.46bn M&A deal.
PolyPeptide Group AGPolyPeptide shareholders are offered CHF 44.31 net cash per share, a 40% premium, with board recommendation and delisting.
Samsung Peptide AG is the offeror making the tender offer for all PolyPeptide shares.
Draupnir Holding, holding ~55.65%, committed to tender its shares; no independent impact on it.