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WuXi XDC received a HK$91 price target from BOCOM International after announcing a tender offer to acquire at least 60% of TOT BIOPHARM for up to HK$3.1 billion.
WuXi XDC (02268.HK) announced a voluntary general offer to acquire TOT BIOPHARM (01875.HK) for HK$4 per share, representing a 60% premium over its last closing price.
Biotech manufacturer WuXi XDC issued strong forward guidance, forecasting year-on-year revenue growth to exceed 45% for its 2025 fiscal year.