AstraZeneca Led Effort to Kill Advent and GIC Buyout Deal of Sobi
Posted on 12/04/2021
In September 2021, Swedish Orphan Biovitrum AB (Sobi) agreed to be acquired by Advent International Corporation and GIC Special Investments Pte. Ltd. (a sovereign wealth enterprise of Singapore’s GIC Private Limited) for nearly US$ 7.6 billion. The buyers needed the support of 90% of Sobi shareholders to close the deal. Sobi’s largest shareholder at 35% […]
