Novo Holdings completes $16.5 bln takeover of Catalent Dec 18 (Reuters) - Novo Holdings has completed its $16.5 billion takeover of Catalent CTLT.N, the contract drug manufacturer announced on Wednesday, days after the companies said all regulatory closing conditions were fulfilled.
Novo Holdings is the controlling shareholder of Danish drugmaker Novo Nordisk NOVOb.CO, which makes the blockbuster GLP-1 injectable weight-loss drug Wegovy.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Maju Samuel)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments