Australian treasurer weighs blocking Mayne Pharma's $437 million takeover

Mayne Pharma

30/10/2025 23:19

Oct 31 (Reuters) - Australia's Mayne Pharma MYX.AX said on Friday it had received a letter from its potential acquirer, saying the country's treasurer was looking to block the A$672 million ($436.67 million) buyout of the company.

($1 = 1.5389 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Anil D'Silva)

 ((Rishav.Chatterjee@thomsonreuters.com))