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Follow on Google News | ![]() Understanding the $20.1 billion Sanofi-Aventis Acquisition of GenzymeSanofi-Aventis has announced an agreement with Genzyme Corporation for acquisition at $74 per share. The deal is valued at approximately $20.1 billion.
By: Joe Walsh Sanofi stated that the deal is expected to be accretive to earnings in the first year following closing, which is expected in Q2 2011. Sanofi CEO Chris Viehbacher said, "This agreement with Genzyme is both consistent with our long-term strategy and creates significant long-term value for our shareholders. This transaction will create a meaningful new growth platform for sanofi-aventis while expanding our footprint in biotechnology. We expect it to be accretive from year one, and the CVR structure, which served as an important value bridge between our two companies, rewards both Genzyme and sanofi-aventis shareholders, particularly if Lemtrada (TM) outperforms the market's current expectations." Why not see if he is right? Reportbuyer.com has the latest market research titles on Sanofi-Aventis and Genzyme Corporation: Sanofi-Aventis Generics Company Intelligence Report http://www.piribo.com/ Sanofi-Aventis: http://www.piribo.com/ Analysis of Genzyme Corporation http://www.reportbuyer.com/ Genzyme Corporation - Product Pipeline Review http://www.piribo.com/ # # # About Piribo. Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books. End
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