Galapagos to Unlock Shareholder Value by Declaring its Intent to Separate into Two Publicly Traded Entities
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Galapagos plans to separate into two publicly traded entities, with one new company holding €2.45 billion in cash to focus on innovative medicines. This move aims to unlock shareholder value.
January 08, 2025 | 6:45 am
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Galapagos is planning to split into two separate publicly traded companies. One of the new entities will have €2.45 billion in cash to focus on developing innovative medicines, which is expected to unlock shareholder value.
The separation into two entities is a strategic move to focus on innovative medicines, backed by significant cash reserves. This is likely to be viewed positively by investors as it aims to unlock shareholder value.
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