Lantheus weighs potential $7 billion sale after Curium’s offer, Bloomberg News reports

May 22 (Reuters) – Lantheus Holdings is weighing a potential sale after getting ‌a takeover offer from private-equity ‌backed Curium Pharma that values it at about $7 ​billion, Bloomberg News reported on Friday, citing people familiar with the matter. The two companies have been in discussions about ‌a potential ⁠deal that could be weeks away,…


Lantheus weighs potential  billion sale after Curium’s offer, Bloomberg News reports

May 22 (Reuters) – Lantheus Holdings is weighing a potential sale after getting ‌a takeover offer from private-equity ‌backed Curium Pharma that values it at about $7 ​billion, Bloomberg News reported on Friday, citing people familiar with the matter.

The two companies have been in discussions about ‌a potential ⁠deal that could be weeks away, the report said, adding ⁠that no final decision has been made and there is no guarantee the ​talks will ​result in ​a transaction.

Curium was ‌valued at about $7 billion last year when its owner, CapVest Partners, raised funds for a continuation vehicle for the nuclear medicine company, the report said.

Lantheus and ‌Curium did not ​immediately respond to Reuters’ ​request for ​comment.

Shares of the radiopharmaceutical-focused company ‌were trading down nearly ​2% in ​extended trading. They have gained 54.8% so far this year, giving the ​company ‌a market capitalization of about $6.15 billion.

(Reporting ​by Siddhi Mahatole in Bengaluru; Editing ​by Shilpi Majumdar)

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