Pharma Deals Review, Vol 2004, No 48 (2004)

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Aventis Finally Succumbs to Sanofi-Synthelabo's Advances

Business Review Editor

Abstract


Aventis which initially rejected the hostile bid succumbs to the improved takeover offer (bid value from €48 to €55 B and including a greater cash component) from Sanofi-Synthelabo. The new company is called Sanofi-Aventis.

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