Business NewsMarketWire • Ares Life Sciences Acquires 45.86% Stake in Stallergenes and Plans Mandatory Takeover Offer for All Remaining Outstanding Shares

Ares Life Sciences Acquires 45.86% Stake in Stallergenes and Plans Mandatory Takeover Offer for All Remaining Outstanding Shares

Ares Life Sciences Acquires 45.86% Stake in Stallergenes and Plans Mandatory Takeover Offer for All Remaining Outstanding Shares

GENEVA, SWITZERLAND--(Marketwire - Nov. 17, 2010) - Ares Life Sciences, a health care investment firm established by the Bertarelli family announces that it has acquired Wendel's equity interest in Stallergenes, representing 45.86% of the share capital and voting rights of Stallergenes, at a price of ?59.00 per share.

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