Novo Nordisk (NVO) to Acquire 3 Catalent Sites for $11B

Novo Nordisk (NVO) announced that it will acquire three manufacturing sites from Novo Holdings A/S for an upfront payment of $11 billion to expand its manufacturing capacity for obesity treatments.The announcement comes pursuant to Novo Holdings’ agreement to acquire global contract development and manufacturing organization Catalent, Inc. (CTLT) for$63.50 per share in cash.Novo Nordisk expects the acquisition to increase its filling capacity from 2026 onward. The three manufacturing sites (out of Catalent ...