Bavarian Nordic Surpasses Revenue Projections Ahead of Upcoming Takeover Bid Launch

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Aug 22 2025

0mins

Source: Reuters

Takeover Offer: Bavarian Nordic is the subject of a takeover bid valued at approximately 19 billion Danish crowns ($3 billion), with a proposed price of 233 crowns per share recommended by its board.
Financial Performance: The company reported second-quarter revenue of 1.65 billion Danish crowns, surpassing expectations, and revised its full-year revenue forecast to between 6.0 billion and 6.6 billion crowns.
Shareholder Response: The main shareholder, Danish pension fund ATP, has indicated it will not accept the takeover offer, holding a 10% stake in the company.
Market Position: Bavarian Nordic is a significant vaccine supplier globally, maintaining confidence in its business despite potential challenges from changing U.S. health policies under new leadership.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.