Bankruptcy Court Gives Green Light To Akorn Sale

Akorn “Working To Finalize Deal” With Existing Lenders

Just three years after Fresenius Kabi agreed a $4.75bn takeover of the US injectables specialist, Akorn has obtained approval from a US bankruptcy court for its sale to the company’s existing lenders, having filed for Chapter 11 bankruptcy earlier this year.

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Akorn filed for Chapter 11 bankrupty protection earlier this year • Source: Shutterstock

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