HEERLEN, NETHERLANDS--(Marketwire -06/06/12)- Royal DSM (DSM),the global Life Sciences and MaterialsSciences company, announced today the expiration of the mandatory waitingperiodunder the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended,forits previously announced tender offer for all outstanding shares of commonstockof Kensey Nash Corporation (KNSY) at a price of $38.50 per share(the"Offer"). This condition of the Offer is thus satisfied.
The Offer remains subject to the satisfaction of certain other conditions.TheOffer is scheduled to expire at 12:00 midnight (New York City time) at theendof Monday, June 18, 2012, unless the Offer is extended.
Kensey Nash is a medical device company primarily focused onregenerativemedicine utilizing its proprietary collagen and synthetic polymertechnology.The company is recognized as a leader for innovative productdevelopment andunique technology in the field of resorbable biomaterials. The companyhas anextensive range of products, which are sold through strategicpartners inmultiple medical markets, including the cardiology, orthopedic, sportsmedicine,spine, trauma, craniomaxillofacial and general surgery markets. Formoreinformation, visit http://www.kenseynash.com.
DSM - Bright Science. Brighter Living.™
Royal DSM is a global science-based company active in health, nutrition andmaterials. By connecting its unique competences in Life Sciences andMaterialsSciences DSM is driving economic prosperity, environmental progress andsocialadvances to create sustainable value for all stakeholders. DSM deliversinnovative solutions that nourish, protect and improve performance inglobalmarkets such as food and dietary supplements, personal care, feed,pharmaceuticals, medical devices, automotive, paints, electrical andelectronics, life protection, alternative energy and bio-based materials.DSM's22,000 employees deliver annual net sales of around EUR9 billion. Thecompany islisted on NYSE Euronext. More information can be found at www.dsm.com.
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Source: DSM N.V. via Thomson Reuters ONE