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Bristol-Myers Squibb buys DuPont Pharma for $7.8bn
Jun 2001
Executive Summary
In another move to focus more on its medicines business, Bristol-Myers Squibb won the bid (over Bayer, a close contender) to acquire DuPont Pharmaceuticals for $7.8bn in cash. The transaction is expected to close by the end of the year.
Deal Industry
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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Bristol-Myers Squibb buys DuPont Pharma for $7.8bn
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