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Amgen buys Immunex in $17.9bn cash and stock deal
25 Feb 2003
Executive Summary
In a tax-free deal that brings together two of the largest biotech players, Amgen will acquire most of Immunex (inflammation) for $17.9bn. It will exchange 0.44 share of Amgen common stock and $4.50 cash for each Immunex share.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Includes Contract
- Intra-Biotech Deal
- Partial Acquisition
- Payment Includes Cash
- Payment Includes Stock
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Amgen buys Immunex in $17.9bn cash and stock deal
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