Assertio Holdings rises after $166 million buyout by Zydus

ReutersMay 13, 2026 12:52 PM

View all comments（0）



Shares of drugmaker Assertio Holdings ASRT.O rise 3.7% to $23.38 premarket

ASRT says Indian drugmaker Zydus Lifesciences ZYDU.NS will acquire the company for $23.50 per share or $166.4 million

The offer from Zydus Lifesciences' subsidiary Zydus Worldwide DMCC, tops Assertio's earlier merger agreement with Garda Therapeutics, ASRT says

Through the deal, Zydus will gain 8 FDA approved drugs for various conditions

Zydus' offer represents a 4% premium to ASRT's last close

The offer represents a 30.6% premium to Garda's original $18-per-share cash offer announced in April, and a 7.8% premium to Garda's revised $21.80-per-share offer announced on May 4, Assertio said

Assertio says the deal is expected to close in the second quarter of 2026

As of last close, ASRT was up 148% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

PPI Report April 2026: How Inflation Data Is Moving HIMS, CEG, and PLUG Stock Today

TradingKey - Wall Street is navigating a two-day inflation gauntlet. Tuesday's CPI print for April arrived hotter than expected, rattling equity markets from telehealth to nuclear energy. Wednesday morning brings the Producer Price Index (PPI) for April — and if today's Consumer Price Index is any g

Will Nvidia Stock Pop on May 20 Earnings? How to Position Now

TradingKey - The results for Nvidia (NVDA) will be announced on May 20 after the market closes, and this report is very important for more than just one stock symbol.

Will US April PPI Ease Inflationary Pressure? Short-Term Forecasts for US Stocks, Dollar and Gold

TradingKey - The U.S. is set to release April PPI data at 8:30 AM ET on May 13. Markets widely expect the U.S. April PPI to continue its upward trend, with the consensus pointing to a year-on-year growth rate of 4.9%, up from 4.0% in March. If realized, concerns regarding the upstream transmission of inflationary pressures will further intensify.

Samsung’s Largest Strike in History: Can SK Hynix and Micron Sit Back and Reap the Benefits?

TradingKey - On May 21, 61,000 union members at Samsung Electronics will launch an 18-day general strike, following a 93.1% approval vote. Government mediation between labor and management has collapsed.

Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying

TradingKey - Cerebras Systems (CBRS) IPO prices May 13–14 at $125–$135/share. $26–$27B valuation, 20x oversubscribed, $510M revenue, 47% net margin, OpenAI 750MW deal. Everything you need to know.

Featured Tools