Novo Holdings completes $16.5 bln takeover of Catalent

Reuters
2024-12-18
Novo Holdings completes $16.5 bln takeover of <a href="https://laohu8.com/S/CTLT">Catalent</a>

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;))

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