Catalent (CTLT) has shared an update.
Catalent Inc. has entered into a Merger Agreement with Novo Holdings A/S’s subsidiaries, set to become a wholly owned subsidiary post-merger. Key executives received substantial retention awards, vesting at the merger’s close and one year thereafter, ensuring their continued service. Stockholders overwhelmingly approved the merger and the related executive compensation during a Special Meeting, marking a pivotal step towards the merger’s completion. Catalent also issued a press release detailing the Special Meeting outcomes and highlighted forward-looking statements regarding the merger’s anticipated benefits and potential risks.
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