Keyword: Genzyme deal

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Sanofi Board Heavyweights may Be Key to Genzyme Deal

20.09.2010 - An oil major, a luxury cosmetics company and independent directors including a former astronaut will have a key say in what may be the next multi-billion dollar merger to shake the...

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Sanofi CEO Sees Reasonable Chance of Genzyme Deal

17.09.2010 - Sanofi-Aventis sees a reasonable chance of buying U.S. biotech Genzyme at a fair price, but expects it will take some time to agree a deal that would further diversify the French...

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Sanofi Sticks to $69 per Share Genzyme Offer

13.09.2010 - French drugmaker Sanofi-Aventis poured cold water on a report it had raised its offer for U.S. biotechnology company Genzyme, saying it was sticking to its bid of $18.5 billion or...

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Genzyme Begins Layoffs to Cut Costs

13.09.2010 - U.S. biotech company Genzyme has begun laying off an unspecified number of employees, a move it said was unrelated to Sanofi-Aventis' takeover bid. The company did not reveal the...

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Sanofi has $10 Billion in Loans for Genzyme Bid

13.09.2010 - French drugmaker Sanofi-Aventis has put together about $10 billion in loans for its $18.5 billion bid for U.S. biotech company Genzyme, Bloomberg reported on Friday, citing unnamed...

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Genzyme's Hand Strengthening vs Sanofi

02.09.2010 - U.S. biotech Genzyme, which has rejected an $18.5 billion offer from French drugmaker Sanofi-Aventis, appears to hold the upper hand in the takeover struggle, according to Geoffrey...

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Total Hopes to Sell Lindsey Refinery by Year-end

02.09.2010 - French oil company Total has received offers for its UK Lindsey refinery and hopes to sell it by the end of the year, Chief Executive Officer Christophe de Margerie, said on...

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Genzyme Rejects Sanofi Offer, Long Battle Looms

31.08.2010 - U.S. biotech company Genzyme rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis on Monday, setting the stage for a protracted and potentially hostile...