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5 February 2024

Moalem Weitemeyer assists Catalent Inc.

Catalent Inc. (NYSE: CTLT) signs definitive merger agreement with Novo Holdings.

On 5 February, Novo Holdings entered into a merger agreement with Catalent Inc., where Novo Holdings will acquire Catalent in an all-cash transaction that values Catalent at USD 16.5 billion on an enterprise value basis. The transaction is subject to customary closing conditions and is expected to close in the end of calendar year 2024. Novo Nordisk (CPH: NOVO-B) has agreed to acquire three Catalent fill-finish sites from Novo Holdings in connection with the transaction for an upfront payment of USD 11 billion.

Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates was global counsel for Catalent and Moalem Weitemeyer advised on Danish law aspects of the transaction. Many thanks to the Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates team led by Todd E. Freed and Patrick Lewis and to the Catalent Inc. team for a strong collaboration. A big thank you also to Jones Day, counsel to the Catalent board of directors.