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Millennium acquires LeukoSite for $585mm

09 May 2001

Executive Summary

Millennium Pharmaceuticals has acquired LeukoSite (cancer, autoimmune, and inflammatory disease therapeutics) for about $585mm. Millennium has issued common stock worth about $33 (0.43 share) for each LeukoSite share; that's a (pr)62% premium to LeukoSite's market average.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Intra-Biotech Deal
    • Payment Includes Stock

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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