Tag Archives: Genzyme

Sanofi completes Genzyme acquisition

Sanofi closed its acquisition of Genzyme today: Sanofi said more than 237 million Genzyme shares were tendered in the transaction, representing 89.4 percent of outstanding shares. Sanofi then exercised a top-up option, resulting in ownership of more than 90 percent… … Continue reading

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Genzyme & Sanofi boards' Sunday meetings

Reuters is reporting that Genzyme and Sanofi's respective boards will be meeting on Sunday. A couple of things: The deal is expected to be priced at $74 in cash, or $19.2 billion, based on Genzyme's outstanding shares of 258.99 million… … Continue reading

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