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JLL Reiterates Rejection of Lonza Group AG's Non-Binding Acquisition Proposal for Patheon Inc.; JLL Views Lonza Proposal as Hostile Attempt to Harm Patheon Through Inappropriate Access to Patheon Confidential Information.

Publication: PR Newswire
Publication Date: 27-AUG-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
JLL CORRECTS INACCURATE AND MISLEADING PUBLIC STATEMENTS BY LONZA - JLL NOT IN DISCUSSIONS WITH LONZA AND HAS NO INTENTION OF ENTERING INTO DISCUSSIONS

NEW YORK, Aug. 27 /PRNewswire/ -- JLL Partners, Inc. and its affiliate, JLL Patheon Holdings, LLC (collectively, "JLL"), today reiterated that they have rejected the non-binding proposal by Lonza Group AG (SIXX: LONN) to acquire all of the outstanding Restricted Voting Shares of Patheon Inc. (TSX: PTI) (the "Lonza Proposal"). By press release issued on August 21, 2009, and through separate letters and phone calls to Lonza's Supervisory Board of Directors and Chief Executive Officer and to the special committee of the Patheon Board of Directors...

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