On May 3, the world's leading medical and health industry strategic consulting service provider Amy Shi and the world's largest CRO company Quintiles announced that the board of directors decided to complete the merger by way of equity transaction. The merged company was renamed Quintiles IMS Holdings, Inc. The new company has a market capitalization of more than $23 billion.
Under the terms of the merger, the shareholders of Ames will be swapped at a fixed rate of 0.384 shares of Quintiles per share. After the completion of the merger, Quintiles' shareholders will own approximately 48.6% of the shares of the new company, and the remaining 51.4% will be owned by Amy's shareholders.
In October last year, Quintiles and Ames announced their global cooperation. Obviously everything went smoothly and now a comprehensive merger. The new joint company, Quintiles Emerson Holdings, will maintain a dual headquarters. Emerson's Bousbid will serve as chairman and CEO of the new company after the merger, while Quintiles CEO Tom Pike will become vice chairman. The board of directors will consist of 12 members, 6 directors will be appointed by Quintiles, and 6 directors will be appointed by Amy.
Goldman Sachs is a financial advisor to Emmys, and Amy's legal counsel is Weijia International Law Firm.
John Kreger, an analyst with William Blair, a global investment management firm, said in a research note: "Investors may be cautious about the deal because neither side has acquired a merger-related premium from the merger and is evenly matched. Mergers and acquisitions also increase the risk of integration."
The transaction was valued at $26.53 per share, down from its closing price of $26.87 on Monday. On the New York stock market on Monday, its share price fell 7.4% to $24.87 at 10:50 in the morning. Quintiles’ share price also fell 7.6% to $63.86, closing at $69.1 on the day. As for the stock market on Monday, the transaction did not bring a premium to the company because both stocks fell.
In the most recent year, the stock performance of Emers and Quintiles:
Data image source: Bloomberg
Quintiles' main service target is pharmaceutical companies, and R&D costs and efficiency are important factors in the development of pharmaceutical companies. This merger has expanded the sources of information for pharmaceutical companies. In addition to the services of outsourcing companies, they also get professional Information and strategic consulting services.
Glow In Dark Tape
1. Material and classification of glow in dark tape
We have PET material glow in dark tape and PVC material glow in dark tape. PET material is cheaper but not printable. PVC material support customized printing with low MOQ.
For both materials, we have different kinds according to the glowing time it can last after full charging (0.5hours charging at least). We have 2hours, 4hour, 6hours, 8hours and 10hours according to the glowing period it can last.
2. Colors for choosing
We have light green, pink, orange, red, blue, white for choosing.
3. Features
a. Good ahesion, we use solvent acrylic adhesive, the adhesive is strong and long lasting.
b. Waterproof. Both PET and PVC material are waterproof. Can used for both indoor and outdoor usage.
c. Long service life: 2~3 years even for outdoor usage.
d. Different sizes for choosing: 1.24m x 45.7m log roll, or other customized sizes such as 25mm/ 50mm x 5meters/ 10yards/ 10meters/ 18meters, etc.
e, Accept die cuting to small pieces such as dots, stars, arrows, etc,
Glow Grip Tape,Luminous Adhesive Tape,Waterproof Glow In The Dark Tape,Glow In The Dark Reflective Tape
Kunshan Jieyudeng Intelligent Technology Co., Ltd. , https://www.jerrytapes.com