×

EQT backs out of takeover bid for UK’s Oxford Biomedica

By Thomson Reuters Feb 25, 2026 | 7:06 AM

Feb 25 (Reuters) – Private equity ​group ‌EQT said on ‌Wednesday ​it ⁠had decided ⁠not to proceed with ​a ⁠takeover ⁠offer for ​Oxford ​Biomedica, sending the ‌British cell and ⁠gene therapy manufacturer’s ⁠shares ‌down ⁠nearly 10%.

(Reporting ​by ‌Ankita ​Bora in ⁠Bengaluru; Editing by Shreya ​Biswas)