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Calliditas Therapeutics Gets $1.1 Billion Takeover Bid From Asahi Kasei

By Dominic Chopping

 

STOCKHOLM--Swedish specialty pharmaceutical company Calliditas Therapeutics received a $1.1 billion takeover bid from Japan's Asahi Kasei.

The offer, of 208 Swedish kronor ($19.60) a share, represents a premium of 83% on the company's closing price on Monday, and the board unanimously recommended that shareholders accept the deal.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

May 28, 2024 03:17 ET (07:17 GMT)

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