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Economy And The Numbers

Novo Holdings Acquires Catalent In $16.5 Bln Cash Deal

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Wednesday, Novo Holdings A/S completed the acquisition of Catalent, Inc. (CTLT), a global contract development and manufacturing organization, in an all-cash transaction worth enterprise value of $16.5 billion.

Following the acquisition, Catalent stockholders will receive $63.50 per share in cash, representing 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 now function as a private company.

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