Catalent Had Several Suitors, Including Another of Its Business Partners, before Novo Won Out

In 2022, about nine months before Novo Holdings first reached out to Catalent about a potential deal, the contract manufacturer was in talks with another company with which it had an “existing commercial relationship,” according to a securities filing with background on the $16.5 billion transaction. And the mysterious “Party A” wasn’t the only business partner that took a look, according to the SEC filing. In addition to Party A, a “Party B” — another “existing commercial relationship” of Catalent’s — took a look as well (though never bid).

Read the full article: Catalent Had Several Suitors, Including Another of Its Business Partners, before Novo Won Out //

Source: https://endpts.com/catalent-had-several-suitors-including-another-of-its-business-partners-before-novo-won-out/

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