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Sanofi and Boehringer enter discussions to swap key businesses; Boehringer would pay €4.7bn cash; definitive agreement signed
Dec 2015
Executive Summary
Sanofi and Boehringer Ingelheim GMBH entered into exclusive discussions surrounding the swap of key businesses that could make Sanofi the number one consumer health care (CHC) firm in the world and help Boehringer become the second largest animal health company globally.
Deal Industry
-
Pharmaceuticals
- OTC, Consumer
Deal Status
- Final
Deal Type
-
Acquisition
- Payment Includes Cash
- Full Acquisition
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Sanofi and Boehringer enter discussions to swap key businesses; Boehringer would pay €4.7bn cash; definitive agreement signed
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