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Stock impact report

Organon (OGN) Takeover Bid Climbs to $13B, Shares Soar 30.9% [Yahoo! Finance]

Edgewell Personal Care Company (EPC) 
Last edgewell personal care company earnings: 2/10 06:19 am Check Earnings Report
US:NYSE Investor Relations: ir.edgewell.com
Company Research Source: Yahoo! Finance
Organon bounced back by 30.93 percent on Friday to close at $11.26 apiece, as investors snapped up shares following news that Sun Pharmaceuticals is upsizing its takeover offer of the company to $13 billion. A report by The Economic Times said on the same day that Sun Pharma submitted a binding offer to acquire Organon & Co. (NYSE:OGN) for $13 billion, versus the $12 billion it offered initially. BioCryst (BCRX) Rallies 7.10% on Acquisition Buzz Photo by Roger Brown on Pexels It said that Sun Pharma has already secured the backing of three global lenders, including JPMorgan, MUFG, and Citi. Organon & Co. (NYSE:OGN) was spun off from Merck in 2021. It is engaged in the development of therapies for reproductive health, women's health, and contraception, among others. Earlier this year, the listed US-based firm announced results from the late-stage clinical trial of its VTAMA cream—the only aryl hydrocarbon receptor (AhR) agonist indicated for the treatment of both plaque ps Show less Read more
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