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Organon (OGN) Stock Surges 25% on $13B Sun Pharma Takeover Report

By Trader Edge at 2026-05-03 10:42

Sentiment: Positive

TLDR Sun Pharmaceutical Industries has reportedly submitted a $13 billion all-cash bid for Organon (OGN) The deal would be Sun Pharma’s largest acquisition ever, fully financed by JP Morgan, MUFG, and Citi OGN stock jumped ~25% on Friday, extending a 20% year-to-date gain Grünenthal and EQT have also reportedly made competing offers for the company [...] The post Organon (OGN) Stock Surges 25% on $13B Sun Pharma Takeover Report appeared first on CoinCentral. Continue reading...

Categories: Stocks

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