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BIVV Bioverativ Inc. (delisted)

104.98
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bioverativ Inc. (delisted) NASDAQ:BIVV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 104.98 101.00 104.98 0 01:00:00

Sanofi Nears Deal to Buy Hemophilia Drugmaker Bioverativ for More Than $11.5 Billion

22/01/2018 1:49am

Dow Jones News


Bioverativ Inc. (NASDAQ:BIVV)
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From Apr 2019 to Apr 2024

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By Dana Mattioli and Jonathan D. Rockoff 

Sanofi SA is nearing a deal to buy hemophilia drugmaker Bioverativ Inc. for more than $11.5 billion as the French drugmaker looks set to clinch a big deal while it braces for generic competition for its top-selling product.

A deal, which could be announced as soon as Monday, would value the former Biogen Inc. unit at $105 a share, according to people familiar with the matter. The price would represent a 63% premium to where Bioverativ closed trading Friday. It is possible the talks could fall apart before a deal is reached.

(More to come)

 

(END) Dow Jones Newswires

January 21, 2018 20:34 ET (01:34 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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