Novo Nordisk will raise capex if Catalent deal is not completed, CFO says-February 2024-www.financetom.com

Novo Nordisk will raise capex if Catalent deal is not completed, CFO says

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

Novo Nordisk will raise capex if Catalent deal is not completed, CFO says

Mar 7, 2024 8:15 AM

COPENHAGEN, March 7 (Reuters) - Novo Nordisk

will increase its capital expenditure to build its fill-finish

capacity if the company does not close the planned Catalent ( CTLT )

acquisition, the Danish drugmaker's Chief Financial

Officer Karsten Munk Knudsen said on Thursday.

Novo would also do more deals with contract drugmakers if

the company does not complete the Catalent ( CTLT ) purchase, Knudsen

told analysts at Novo's capital markets day.

Previous page： BlackRock Unusual Options Activity For December 23 Next page： Market Chatter: Microsoft Reduces OpenAI Reliance for 365 Copilot to Cut Costs

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 >

BlackRock Unusual Options Activity For December 23

Dec 23, 2024

High-rolling investors have positioned themselves bullish on BlackRock ( BLK ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in BLK often signals that someone has privileged information. Today, Benzinga's options...

Market Chatter: Microsoft Reduces OpenAI Reliance for 365 Copilot to Cut Costs

Dec 23, 2024

03:25 PM EST, 12/23/2024 (MT Newswires) -- Microsoft ( MSFT ) is reducing reliance on OpenAI's models for its 365 Copilot, diversifying with internal and third-party artificial intelligence models to lower costs, Reuters reported Monday, citing sources familiar with the situation. The company is addressing concerns about cost and speed for enterprise users by training smaller in-house models, such as...

Sector Update: Consumer

Dec 23, 2024

03:28 PM EST, 12/23/2024 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding less than 0.1%. In corporate news, the Consumer Financial Protection Bureau said Monday it has sued Walmart ( WMT ) and Branch Messenger for allegedly...

What's Going On With Nordstrom Stock Today?

Dec 23, 2024

Nordstrom, Inc. ( JWN ) shares are trading lower. The company on Monday announced that the Nordstrom Family and Liverpool will acquire all outstanding common shares of Nordstrom ( JWN ). What To Know: Nordstrom ( JWN ) said it signed a definitive agreement under which Erik, Pete, Jamie, other members of the Nordstrom ( JWN ) family and Liverpool will...