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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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