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0.00980392156862745 0 0 0.0194117647058824 0.0109803921568628 0.013921568627451 0.0196078431372549 0.0194117647058824
Stock impact report

Germany's Evotec Gets Takeover Interest From Halozyme [Yahoo! Finance Canada]

Halozyme Therapeutics, Inc. (HALO) 
Last halozyme therapeutics, inc. earnings: 2/24 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: halozyme.com/investors/default.aspx
Most Read from Bloomberg Halozyme said in a statement confirming an earlier report by Bloomberg News that it has submitted a non-binding proposal to acquire Evotec for €11 per share. That would represent a roughly 27% premium to Evotec's closing price on Thursday. Halozyme Chief Executive Officer Helen Torley said in the statement that acquiring Evotec would extend her company's growth into the next decade and beyond. “With increased scale, a deep pipeline, and a diversified offering, we would be a highly attractive strategic partner to the biopharma industry,” she said. Evotec said in a separate statement that would carefully analyze the offer and decide on its next steps. American depositary receipts of Evotec, after rising as much as as much as 19% Thursday, closed up 12% in New York, giving the company a market value of about $1.8 billion. San Diego, California-based Halozyme's shares fell 7.9%, giving it a market value of about $6.9 billion. Shares of Evotec had fallen Show less Read more
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