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Sandoz acquires Sabex for €460mm cash

01 Jul 2004

Executive Summary

Novartis AG's generics subsidiary Sandoz will pay €460mm ($565mm) in cash to acquire its Canadian competitor Sabex. The purchase price is about six times the acquired company's $90mm recorded sales of last year.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Generic Drugs
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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