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Company Statement: Roche intends to commence tender offer to acquire all shares of Genentech for US$ 86.50 per share in cash

( January 30, 2009, 10:08 GMT | Official Statement) -- Extract: Roche announced today that it intends to commence a cash tender offer for all outstanding publicly-held shares of Genentech at US$ 86.50 per share. Roche, which currently owns 55.8% of the Genentech outstanding shares, expects to commence the tender offer within approximately two weeks.Basel - Roche intends to commence tender offer to acquire all shares of Genentech for US$ 86.50 per share in cash...

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