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Novartis BidCo Germany AG to Merge Squeeze-out MorphoSys AG’s Minority Shareholders

Jun 20, 2024•over 1 year ago

Acquiring Company

Novartis

Acquired Company

Novartis BidCo AG

SwitzerlandBavariapharmaceuticalsBiopharmaTherapeuticsHealth CareBiotechnology

Description

Novartis BidCo Germany AG has informed MorphoSys AG of its intention to merge MorphoSys AG into Novartis BidCo Germany AG. Novartis BidCo Germany AG will negotiate a merger agreement and proceed with the merger squeeze-out of MorphoSys AG's minority shareholders.

Company Information

Company

Novartis

Location

2 Fabrikstrasse

Switzerland

About

Novartis is a global healthcare company based in Switzerland. It is focused on developing innovative medicines to improve and extend people's lives. The company operates in various therapeutic areas, including oncology, cardiology, and immunology. Novartis is known for its commitment to research and development.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed