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Avadel Pharmaceuticals Shareholders Approve Proposed Takeover By Alkermes

Benzinga·01/12/2026 21:08:55
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Avadel Pharmaceuticals plc (NASDAQ:AVDL), a public limited company incorporated in Ireland ("Avadel" or the "Company") announces today that, in relation to the previously announced offer for the Company by Alkermes plc, a public limited company incorporated in Ireland ("Alkermes"), pursuant to which Alkermes will acquire the entire issued and to be issued ordinary share capital of the Company (the "Proposed Transaction"), the resolutions required to approve the scheme of arrangement under Chapter 1 of Part 9 of the Irish Companies Act 2014 (the "Scheme") were passed by the requisite majorities at the scheme meeting of shareholders (the "Scheme Meeting") and the related extraordinary general meeting of shareholders ("EGM") held earlier today.