Keyword: Sanofi

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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...

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Genzyme Rejects Sanofi-Aventis' $18.5 billion Offer

31.08.2010 - Genzyme rejected an $18.5 billion takeover offer from French drugmaker Sanofi-Aventis, saying it dramatically undervalues the company. The Cambridge, Massachusetts-based...

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Sanofi Makes $69 per Share Genzyme Offer

30.08.2010 - France's Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme in a bid to rouse shareholders after failing to engage the U.S...

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Sanofi Top Two Shareholders Seen Wary on Genzyme Bid

26.08.2010 - Sanofi-Aventis shareholders L'oreal and Total worry that the French drugmaker will pay too much for U.S. biotech company Genzyme and are not convinced it is the best fit, bankers...

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Sanofi Won't Go Above $70 per Share for Genzyme

26.08.2010 - Sanofi-Aventis is not willing to pay more than $70 per share for U.S. biotech Genzyme and may look at alternative targets, Bloomberg reported on Wednesday, citing sources familiar...

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Genzyme, Sanofi at Odds Over Threshold Price

24.08.2010 - U.S. biotechnology firm Genzyme and its French suitor Sanofi-Aventis are at odds over the threshold price at which Sanofi could begin the due diligence on Genzyme's books, the Wall...

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Genzyme, Sanofi Silence May Indicate Talks

23.08.2010 - The lack of new information about Sanofi Aventis' reported interest in acquiring Genzyme could mean the two sides have begun talks, according to Sanford Bernstein analyst Geoffrey...

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European Staff Fight Back As Drugmakers Hack Costs

18.08.2010 - Europe's pharmaceuticals industry, not known for industrial disputes, is experiencing a spate of clashes as employees fight back against cuts in jobs and benefits. Britain's second...