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Novartis Offers High-Grade Debt to Fund $12 billion Avidity Deal

ABI Analysis · Pan-African health Sentiment: 0.70 (positive) · 16/03/2026
Novartis AG is seeking to raise debt to help fund its $12 billion acquisition of Avidity Biosciences Inc, adding to a flurry of M&A financing deals.

Sources: Bloomberg Africa

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