Alvotech Holdings S.A. Business Combination with Oaktree Acquisition Corp. II (Nasdaq ALVO)

June 15, 2022

Alvotech completed its business combination with Oaktree Acquisition Corp. II, sponsored by an affiliate of Oaktree Capital Management, and began trading on Nasdaq on June 16 under the ticker ALVO. The deal created a publicly traded, pureplay global biosimilars platform, supported by an upsized $175 million PIPE and additional commitments tied to the transaction structure.

Buyers
Oaktree Acquisition Corp. II
Targets
Alvotech Holdings S.A.
Location
Iceland
Transaction Type
Buyout

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