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Update 2:45pm: Adds Solventum response.
MediWound (NASDAQ:MDWD) soared 34% amid a report that Solventum (SOLV) made a $34 a share offer for the company.
The management of MediWound (MDWD) is said to be evaluating the offer, according to a report from Israel’s The Marker earlier this week.
The offer represents a 118% premium to MediWound’s closing price on Tuesday.
“It is the policy of MediWound not to comment on rumors,” a MediWound spokesperson told Seeking Alpha in an email.
Solventum (SOLV) also told Seeking Alpha it doesn’t comment on speculation.
“As a company policy, Solventum does not comment on rumors or speculation,” Solventum told Seeking Alpha in an email.