Takeover target Ablynx' chairman resigns

9 January 2018

Dr Peter Fellner, who has served as chairman of Belgian biotech firm Ablynx (Euronext Brussels: ABLX) since 2013. has decided to resign from the board with immediate effect.

Though not mentioned, Dr Fellner’s decision came late Monday, against the background of an again rejected, unsolicited, takeover approach for Ablynx from Danish diabetes care giant Novo Nordisk (NOV: N).

He will be succeeded by Dr Bo Jesper Hansen, acting as permanent representative of Orfacare Consulting GmbH, who has been a non-executive director of Ablynx since November 2013, and has been unanimously elected by the Ablynx board as the new chairman.

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