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Shire to buy BioChem for $4bn in stock

17 Jan 2001

Executive Summary

Shire Pharmaceuticals is buying Canadian biotech BioChem Pharma in an all-stock deal that values BioChem at $4bn. Each BioChem share will be exchanged for Shire shares currently valued at $37 each, a premium of (pr)39%, and there are collar provisions.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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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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