#USA_Federal #Trade Commission has sought additional information about a $16.5 #billion deal by #Novo #Nordisk (NYSE:#NVO)’s parent to buy manufacturing subcontractor Catalent (NYSE:#CTLT).
The deal was announced in February and #Novo #Nordisk Foundation has since refiled its application to the #USA FTC seeking regulatory approval for it.
#Catalent in a regulatory filing on Friday said the companies were in the process of gathering information and documents to respond to #FTC’s request received on May 2 and intend to continue to cooperate with the regulator.
#Catalent and #Novo Holdings expect to close the deal towards the end of calendar year 2024.
Novo Holdings is the investment arm of Novo Nordisk’s controlling shareholder, the #Novo #Nordisk Foundation.
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