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Sanofi to Acquire Bioverativ for $11.6 Billion

Industry News
Note: The following is edited from a press release from Sanofi. Read the full press release in its entirety here.


Sanofi and Bioverativ Inc., a biopharmaceutical company focused on therapies for hemophilia and other rare blood disorders, have entered into a definitive agreement under which Sanofi will acquire all of the outstanding shares of Bioverativ for $105 per share in cash, representing an equity value of approximately $11.6 billion (on a fully diluted basis).  The transaction was unanimously approved by both the Sanofi and Bioverativ Boards of Directors.
 

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