Embecta M&A Rumor Not Surprising

cafead

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  • cafead   Jul 23, 2024 at 11:22: AM
via Citing two unnamed sources, the Financial Times reported that the company has hired advisors from Centerview Partners to assess a potential sale. According to the article, Embecta's "lackluster" stock performance, low market value, and similarity to other companies that have recently attracted buyout interest could make it a good acquisition candidate. The media outlet said Embecta did not respond to a request for comment and Centerview Partners declined to comment.

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