By Najat Kantouar
PureTech Health rejected a takeover approach from private equity investor Nordic Capital.
The biotherapeutics company confirmed talks with Nordic Capital for a possible cash offer to acquire the company on Monday.
However, the proposal was rejected by the company's board, and Nordic Capital doesn't intend to make a firm offer, the private equity investor said.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
April 07, 2025 12:46 ET (16:46 GMT)
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