Sweden: Sobi recommends acceptance of buyout offer from Advent and GIC

The board of directors of Swedish Orphan Biovitrum (Sobi) are unanimously recommending that shareholders accept the public cash offer from PE firm, Advent International, and Aurora Investment, an affiliate of Singapore government wealth fund, GIC. Under the terms of the offer, Advent and Aurora are offering Skr235 per Sobi share in cash, which values the…

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