Halozyme says €2 billion takeover of Evotech would create leader in drug discovery - MarketWatch
The acquisition proposal indicates strong growth potential, akin to past successful mergers.
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The acquisition proposal indicates strong growth potential, akin to past successful mergers.
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Halozyme proposed a €2 billion cash takeover for Evotec. The deal aims to create a leading pharma services company. Combined revenue is projected to reach $2 billion by 2025. Halozyme anticipates future growth with less than 2x net leverage.
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