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PRNB Principia Biopharma Inc

100.05
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Principia Biopharma Inc NASDAQ:PRNB 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% 100.05 99.65 100.05 0 01:00:00

Sanofi to Launch Tender Offer for Principia Acquisition

28/08/2020 6:44am

Dow Jones News


Principia Biopharma (NASDAQ:PRNB)
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By Mauro Orru

 

Sanofi SA said Friday that it intends to start a tender offer for the acquisition of U.S.-based biopharmaceutical company Principia Biopharma Inc.

The French pharmaceutical company said the offer to buy Principia in a deal that values the developer of a promising multiple sclerosis treatment at $3.68 billion is set to expire on Sept. 25.

Sanofi agreed to buy the U.S. company earlier in August.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

August 28, 2020 01:29 ET (05:29 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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