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Re: DewDiligence post# 117156

Monday, 04/04/2011 5:16:56 PM

Monday, April 04, 2011 5:16:56 PM

Post# of 257259
Are hostile biotech takeovers becoming more common?


The five largest initially-hostile drug/biotech deals:

Acquired Deal
Company Buyer Value Date Notes

Sanofi-Synthélabo Aventis $71B 1/04 Billed as merger of =’s.
Genentech Roche $47B 7/08 For 46% not owned.
GENZ SNY $20B 8/10 Excl. contingent rights.
Chiron NVS $5.9B 9/05 For 54% not owned.
CEPH VRX $5.7B 3/11 Proposed deal.


Source: http://www.ft.com/cms/s/0/65661f04-5e44-11e0-b1d8-00144feab49a.html

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