KKR Offers $1.2 Billion for Sweden's Biotage

Reported about 15 hours ago

KKR has made a cash offer of approximately $1.22 billion for the Swedish biotechnology company Biotage, proposing a price of 145 crowns per share, which is 60.1% higher than its previous closing price. Biotage's board has unanimously recommended that shareholders accept the offer.

Source: YAHOO

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