Market Chatter: Eli Lilly Meets With French Officials Over Possible Acquisition of Abivax; Shares Up Pre-Bell

fidelity
2025.12.22 11:44
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Eli Lilly is in early discussions with French authorities about potentially acquiring biotech firm Abivax. Preliminary talks were held with France's Treasury to assess the takeover under foreign investment rules. The involvement of state-backed investor Bpifrance as a minority shareholder was also discussed. Abivax shares rose 14% premarket, while Lilly shares increased by 0.1%.