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VisitWill Evotec's stock price increase by at least 20% by February 28, 2025?
Yes • 50%
No • 50%
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Evotec Shares Surge 13.3% as Triton Considers Takeover with Near 10% Stake
Nov 11, 2024, 11:00 AM
Shares in Evotec jumped as much as 13.3% on Monday after regulatory filings showed that private equity firm Triton had built an over 9% stake in the German drug development company. Triton Partners is considering a takeover bid for Evotec, following its emergence as one of the drug developer’s largest shareholders. Triton has become the biggest shareholder with a near 10% stake.
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