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BMRN BioMarin Pharmaceutical Inc

83.80
0.47 (0.56%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BioMarin Pharmaceutical Inc NASDAQ:BMRN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.47 0.56% 83.80 78.37 85.05 85.035 81.43 82.91 1,221,297 21:48:06

BioMarin Rallies 7.6% on Roche Takeover Report

19/09/2013 1:19pm

Dow Jones News


BioMarin Pharmaceutical (NASDAQ:BMRN)
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LONDON -- Shares of BioMarin Pharmaceutical Inc. (BMRN) jumped 7.6% in premarket trade Thursday after a report said Swiss drug maker Roche Holding AG plans to take over the U.S.-listed firm.

Dealreporter said, citing people familiar with the matter, that Roche's management team was planning on approaching BioMarin earlier in the week about the possibility of a takeover.

It is unclear whether a formal approach has been made yet, according to Dealreporter.

Shares of Roche traded 0.9% higher in midday European trade.

A representative from Roche declined to comment on the report, while BioMarin wasn't immediately available for comments.

Write to Sara Sjolin at AskNewswires@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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