EU antitrust regulators set to okay $16.5 bln Novo Holdings, Catalent deal, source says
Reuters
Nov 23, 2024
EU antitrust regulators set to okay $16.5 bln Novo Holdings, Catalent deal, source says
BRUSSELS/LONDON, Nov 22 (Reuters) - EU antitrust regulators are set to clear without conditions Novo Holdings' planned $16.5 billion takeover of Catalent CTLT.N, a person with direct knowledge of the matter said on Friday.
Novo Holdings is the controlling shareholder of Danish drugmaker Novo Nordisk NOVOb.CO, whose profits from blockbuster weight-loss drug Wegovy has made it Europe's most valuable company by market value.
(Reporting by Foo Yun Chee in Brussels and Maggie Fick in London; Editing by Louise Heavens)
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