IPOX Schuster LLC


IPOX Breaking News: IPOX holding Patheon N.V. acquired at +34% premium / ETF in focus: First Trust International IPO ETF (ticker: FPXI).

Dear IPOX Subscriber,

IPOX is pleased to note this morning’s takeover announcement of Patheon N.V. (PTHN US), an Amsterdam-basded and NYSE-traded provider of outsourced pharmaceutical development and manufacturing services. The firm went public in July 2016 and is being acquired by life science equipment maker, MA-based USD billion 67 Thermo Fisher (TMO US) at a 34% premium to Friday’s close.

After the takeover announcement of IPOX Indexes member OH-based sandwich maker AdvancePierre (APFH US) and life science research firm PA-based VWR Corporation Patheon NV (VWR US), this marks the third takeover of an IPOX constituent since mid-April 2017.

Patheon N.V. (PTHN US) is a portfolio holding of the IPOX International Index (IPXI), the benchmark for the performance of the largest and most liquid IPOs and Spin-offs domiciled outside the United States. As of Friday, the index has gained +20.49% YTD (including dividends) and serves as the underlying for the NASDAQ-listed First Trust International IPO ETF (FPXI).

For further information, please contact us using the co-ordinates below.

Best Regards,

The IPOX Team
IPOX Schuster, LLC
225 West Washington, Suite 400
Chicago, IL 60606
+1-312-827-3681 (office)
+1-312-339-4114 (24/7 support)


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