M&A
confidence high
sentiment neutral
materiality 0.80
NOVAVAX INC (NVAX): M&A transaction — Novavax completes $200M sale of Czech manufacturing campus to Novo Nordisk
NOVAVAX INC
- Total purchase price $200M; $180M cash at close, $10M paid Sept 2024, $10M escrow for 12 months.
- Seller also received ~$2.6M reimbursement for operating costs between Dec 3 and closing.
- Novavax sold its Bohumil, Jevany facility including land, movable assets, contracts, and employees.
- Transaction closed Dec 30, 2024; Novo Nordisk Production Czech s.r.o. is the purchaser.