Roche completes tender for outstanding Ventana shares

ZURICH, Switzerland Roche Holdings said that it has completed the tender offer for the outstanding shares of Ventana Medical Systems.

Rocket Acquisition Corporation, a wholly owned subsidiary of Roche, had purchased around 34.5 million shares of Ventana common stock, representing about 93.7 percent of Ventana’s outstanding shares.

As of yesterday, Roche had expected to complete the acquisition of Ventana through a short-form merger, without a vote or meeting of Ventana’s shareholders.