Billion-dollar acquisition of Sobi fails

Private equity funds Advent and Aurora failed to achieve the needed support by investors in Sobi before the final and decisive deadline and will therefore not be acquiring the pharmaceutical firm.
Photo: John Ambrose / Sobi / PR
Photo: John Ambrose / Sobi / PR
by MIKKEL AABENHUS HEMMINGSEN, translated by daniel pedersen

They came very close, but stumbled before the finish line.

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