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Novo Holdings completes $16.5 billion takeover of Catalent

3 hours ago

Less than a minute

2024.12.18 09:10

© Reuters. FILE PHOTO: People visit Catalent stand during the Convention on Pharmaceutical Ingredients (CPHI), in Barcelona, Spain, October 24, 2023. REUTERS/Albert Gea/File photo

(Reuters) – Novo Holdings has completed its $16.5 billion takeover of Catalent (NYSE:), 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 (NYSE:), which makes the blockbuster GLP-1 injectable weight-loss drug Wegovy.

3 hours ago

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