
Novo Nordisk Completes Acquisition of Akero Therapeutics

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Novo Nordisk has completed its acquisition of Akero Therapeutics for $4.7 billion, with Akero becoming a wholly owned subsidiary. Akero shareholders will receive $54 per share and a Contingent Value Right for an additional $6 per share if regulatory approval is granted for Akero's lead candidate EFX. Akero's stock will no longer be publicly traded.
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