BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%

Reuters11-27

** Shares in H Lundbeck HLUNa.CO rise 3.3% after the Danish pharmaceutical company said it would not increase a purchase price in a takeover offer for Avadel Pharmaceuticals AVDL.O

** Lundbeck added that its strategic rationale for engaging in the sleep disorders space stays "fully intact"

** The Danish company made an unsolicited bid for Avadel on November 14, offering up to $23 per share

** Drugmaker Alkermes ALKS.O, who also made a bid for Avadel, sweetened its offer to $2.37 billion, which Avadel's board recommended to its shareholders on November 19

** H Lundbeck shares were up 1.3% at 08:27 GMT

(Reporting by Vera Dvorakova)

((vera.dvorakova@thomsonreuters.com))

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2586370248?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-27 16:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586370248","market":"nz","top_or_hot":-1,"title":"BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%</title></head><body><p>** Shares in H Lundbeck <span>HLUNa.CO</span> rise 3.3% after the Danish pharmaceutical company said it would not increase a purchase price in a takeover offer for Avadel Pharmaceuticals <span>AVDL.O</span> </p><p>** Lundbeck <span>added</span> that its strategic rationale for engaging in the sleep disorders space stays \"fully intact\"</p><p>** The Danish company <span>made</span> an unsolicited bid for Avadel on November 14, offering up to $23 per share</p><p>** Drugmaker Alkermes <span>ALKS.O</span>, who also made <span>a bid</span> for Avadel, sweetened its offer to $2.37 billion, which Avadel's board recommended to its shareholders on November 19</p><p>** H Lundbeck shares were up 1.3% at 08:27 GMT</p><p> (Reporting by Vera Dvorakova)</p><p> ((vera.dvorakova@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-27 16:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%</title></head><body><p>** Shares in H Lundbeck <span>HLUNa.CO</span> rise 3.3% after the Danish pharmaceutical company said it would not increase a purchase price in a takeover offer for Avadel Pharmaceuticals <span>AVDL.O</span> </p><p>** Lundbeck <span>added</span> that its strategic rationale for engaging in the sleep disorders space stays \"fully intact\"</p><p>** The Danish company <span>made</span> an unsolicited bid for Avadel on November 14, offering up to $23 per share</p><p>** Drugmaker Alkermes <span>ALKS.O</span>, who also made <span>a bid</span> for Avadel, sweetened its offer to $2.37 billion, which Avadel's board recommended to its shareholders on November 19</p><p>** H Lundbeck shares were up 1.3% at 08:27 GMT</p><p> (Reporting by Vera Dvorakova)</p><p> ((vera.dvorakova@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALKS","symbol_name":"阿尔凯默斯","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251127:nL8N3X30AF:1","article_id":"2586370248","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586370248","pubTimestamp":1764232155,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%** Shares in H Lundbeck HLUNa.CO rise 3.3% after the Danish pharmaceutical company said it would not increase a purchase price in a takeover offer for Avadel Pharmaceuticals AVDL.O ** Lundbeck added that its strategic rationale for engaging in the sleep disorders space stays \"fully intact\"** The Danish company made an unsolicited bid for Avadel on November 14, offering up to $23 per share** Drugmaker Alkermes ALKS.O, who also made a bid for Avadel, sweetened its offer to $2.37 billion, which Avadel's board recommended to its shareholders on November 19** H Lundbeck shares were up 1.3% at 08:27 GMT  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALKS":"阿尔凯默斯","BK4139":"生物科技","AVDL":"Avadel Pharmaceuticals plc","BK4007":"制药"},"translate_title":"BUZZ-H Lundbeck退出对Avadel的收购，股价上涨3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALKS":0.9,"AVDL":0.9},"content_text":"BUZZ-H Lundbeck steps down from takeover for Avadel, shares rise 3%** Shares in H Lundbeck HLUNa.CO rise 3.3% after the Danish pharmaceutical company said it would not increase a purchase price in a takeover offer for Avadel Pharmaceuticals AVDL.O ** Lundbeck added that its strategic rationale for engaging in the sleep disorders space stays \"fully intact\"** The Danish company made an unsolicited bid for Avadel on November 14, offering up to $23 per share** Drugmaker Alkermes ALKS.O, who also made a bid for Avadel, sweetened its offer to $2.37 billion, which Avadel's board recommended to its shareholders on November 19** H Lundbeck shares were up 1.3% at 08:27 GMT (Reporting by Vera Dvorakova) ((vera.dvorakova@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,corporation,express","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586370248","isCrawlerRequest":true}