Shareholder Alert: Ademi LLP investigates whether Catalent, Inc. has obtained a Fair Price in its transaction with Novo Holdings

PRNewswire 5-Feb-2024 9:00 AM

MILWAUKEE, Feb. 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Catalent (NYSE:CTLT)  for possible breaches of fiduciary duty and other violations of law in its transaction with Novo Holdings.

Click here to learn how to join the https://www.ademilaw.com/case/catalent-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

In the transaction, Catalent shareholders will receive only $63.50 in an all-cash transaction that values Catalent at $16.5 billion on an enterprise value basis. The transaction agreement unreasonably limits competing transactions for Catalent by imposing a significant penalty if Catalent accepts a competing bid. Catalent insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Catalent's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own Catalent common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/catalent-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP                                                                    
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP