Halozyme withdraws $2.1 bln buyout offer for Evotec-February 2024-www.financetom.com

Halozyme withdraws $2.1 bln buyout offer for Evotec

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Halozyme withdraws $2.1 bln buyout offer for Evotec

Nov 22, 2024 6:06 AM

Nov 22 (Reuters) - Halozyme Therapeutics ( HALO ) said

on Friday it had withdrawn its proposal to acquire Evotec SE

for 2 billion euros ($2.09 billion) after the German

drug developer was unwilling to engage in discussions.

($1 = 0.9587 euros)

(Reporting by Sriparna Roy in Bengaluru; Editing by Devika

Syamnath)

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