Sanofi's Battle Royal for Aventis

Abrams, Sandra Lea
January 2005
Investment Dealers' Digest;1/17/2005, Vol. 71 Issue 2, p50
Trade Publication
The article throws light on Sanofi-Synthelabo SA's acquisition of healthcare company Aventis SA. Advisors in the 66 billion dollar deal were Merrill Lynch, BNP Paribas SA, Goldman Sachs, Morgan Stanley, Rothschild, UBS, Citigroup Inc.. Sanofi-Synthelabo SA launched its hostile $60 billion bid for Aventis on January 26, 2004. Aventis finally ended matters by accepting a sweetened offer of $66 billion on April 26, 2004. The company that emerged is the world's third-largest (and Europe's largest) pharmaceutical concern.


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