Danaher shelves its takeover pursuit of Catalent

Sources say the serial acquirer’s brief infatuation with contract manufacturer Catalent has passed.
Photo: Philipp Von Ditfurth/AP/Ritzau Scanpix
Photo: Philipp Von Ditfurth/AP/Ritzau Scanpix
By Michelle F. Davis and Liana Baker, bloomberg

Life-sciences company Danaher Corp. has stopped pursuing Catalent Inc. after expressing interest in buying the contract manufacturer, according to people familiar with the matter.

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