Bavarian Nordic’s board of directors has urged shareholders to accept a sweetened takeover offer as the potential sale of the company continues to stall. A consortium led by Nordic Capital and Permira came back to Bavarian Nordic shareholders with an offer of DKr250 ($39) per share on, increasing its initial bid that failed to win sufficient support from investors in August 2025. At the time, the prospective buyers had offered DKr233 per share for the Danish vaccine specialist. Shares in Bavarian Nordic ...