Novartis Enhances Oncology Portfolio Through Acquisition of MorphoSys AG at EUR 68 Per Share, Totaling EUR 2.7 Billion in Cash
Novartis has announced its intent to initiate a voluntary public takeover offer for the acquisition of MorphoSys AG (FSE: MOR; NASDAQ: MOR), a global biopharmaceutical company headquartered in Germany, specializing in innovative oncology medicines. The proposed acquisition, contingent upon customary…