financetom
Business
financetom
/
Business
/
Novo Nordisk, Pfizer sweeten bid for Metsera as bidding war heats up
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Novo Nordisk, Pfizer sweeten bid for Metsera as bidding war heats up
Nov 4, 2025 6:56 AM

Nov 4 (Reuters) - Novo Nordisk and Pfizer ( PFE )

have revised their bids for Metsera ( MTSR ), the

obesity drug developer said on Tuesday.

Novo's revised offer brings the deal value to about $10

billion, while Pfizer ( PFE ) is now willing to shell out $8.1 billion.

The revised bids come as both companies are engaged in a

public dispute to acquire Metsera ( MTSR ).

Pfizer ( PFE ) has filed two lawsuits against Metsera ( MTSR ), its board,

and Novo Nordisk.

The first lawsuit, filed on Friday, claims Novo's bid

breaches Pfizer's ( PFE ) merger agreement and seeks to bypass antitrust

review. Pfizer ( PFE ) is asking a court to block Metsera ( MTSR ) from

terminating the deal, with a hearing set for later on Tuesday.

As per Novo's new offer, Metsera ( MTSR ) is also eligible to

receive an additional $24.00 per share in cash, up from $22.50,

based on development and regulatory approval milestones.

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved