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Solvay agrees to acquire Fournier
04 Apr 2005
Executive Summary
To strengthen its cardiology business and research pipeline, Solvay has signed a memorandum of understanding to buy Fournier Pharma for €1.3bn ($2.1bn) in cash. Both have portfolios of drugs to treat cardiovascular, gastroenterological, psychiatric, and gynecological conditions.
Deal Industry
- Pharmaceuticals
Deal Status
- Preliminary
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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