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Genzyme completes acquisition of AnorMed
Sep 2006
Executive Summary
Genzyme has agreed to acquire all outstanding AnorMed common shares for $584mm in cash, or $13.50 per share (about market average). In August, Genzyme offered to pay $380mm ($8.55 a share a 54% premium to market) for the company.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Payment Includes Cash
- Full Acquisition
- Intra-Biotech Deal
- Includes Contract
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Genzyme completes acquisition of AnorMed
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