Catalent, Inc. (CTLT) shares are gaining more than 9 percent on Monday morning trade after the company agreed to be acquired by Novo Holdings in an all-cash transaction worth enterprise value of $16.5 billion.
The acquisition at $63.50 per share in cash represents a premium of 16.5 percent to the closing price of Catalent's common stock as of February 2, 2024. Upon the completion of the merger, Catalent will become a private company.
Currently, shares are at $59.91 up 9.93 percent from the previous close of $54.51 on a volume of 4,730,368.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.