Alkermes raises offer for Avadel after Lundbeck bid-February 2024-www.financetom.com

Alkermes raises offer for Avadel after Lundbeck bid

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Alkermes raises offer for Avadel after Lundbeck bid

Nov 19, 2025 3:34 AM

Nov 19 (Reuters) - Alkermes ( ALKS ) said on Wednesday

it has sweetened its offer to buy Avadel Pharmaceuticals ( AVDL )

, beating a rival bid from Denmark's Lundbeck and

valuing the sleep disorder drugmaker at up to $2.37 billion.

Previous page： Australia's Perpetual gets new offer from KKR for its wealth, trust units Next page： Tencent jumps as its Weixin app launches beta testing with Deepseek

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Australia's Perpetual gets new offer from KKR for its wealth, trust units

Feb 16, 2025

Feb 17 (Reuters) - Australia's Perpetual confirmed on Monday it received a revised proposal for its wealth management and corporate trust businesses from buyout firm KKR & Co ( KKR ), but said the offer includes commercial terms that still need to be finalised. An A$2.2 billion ($1.40 billion) deal with the buyout firm for those businesses has been on...

Tencent jumps as its Weixin app launches beta testing with Deepseek

Feb 16, 2025

HONG KONG (Reuters) - Shares of Tencent ( TCTZF ) were set to open up 6.6% on Monday after the company said its Weixin messaging app has launched beta testing with Deepseek as firms race to link up with China's rising artificial intelligence start-up. Tencent ( TCTZF ) shares were set to open at HK$506, their highest since July 2021....

Australia's Perpetual gets new offer from KKR for its wealth, trust units

Feb 16, 2025

(Reuters) -Australia's Perpetual confirmed on Monday it received a revised proposal for its wealth management and corporate trust businesses from buyout firm KKR & Co, but said the offer includes commercial terms that still need to be finalised. An A$2.2 billion ($1.40 billion) deal with the buyout firm for those businesses has been on the back burner over the past...

Australia's Westpac's first-quarter margin contracts, shares slide

Feb 16, 2025

(Reuters) -Shares of Westpac Banking Corp fell as much as 6% on Monday after a core operating measure worsened in the first quarter despite an overall increase in profit helped by a drop in bad loans and growth in lending volumes. Australia's No. 2 mortgage lender posted an unaudited net profit of A$1.7 billion ($1.08 billion) for the three months...