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Pharma & Biotech

Collagen Solutions says offer from Rosen's is now wholly unconditional

Shareholders who have yet to accept the Rosen offer are urged to do so as soon as possible

Collagen Solutions PLC (LON:COS) has said the offer for the company by Rosen’s Diversified has become wholly unconditional.

Collagen noted that as a result, the company’s listing on AIM will be cancelled, probably with effect from November 17, and urged shareholders who have yet to accept the Rosen offer to do so as soon as possible.

Full details of how to accept the offer are available on Collagen Solutions’ website.

Rosen has received acceptances of its 6.5p per share cash offer in respect of roughly 90.91% of the issued share capital of Collagen.