Sanofi to buy U.S. group Chattem for $1.9 billion
Dec 24th, 2009 | By French BioBeach | Category: Latests News and AlertsPARIS (Reuters) – Sanofi-Aventis is to buy U.S. consumer healthcare group Chattem Inc for around $1.9 billion, in a deal which will give the French drugmaker over-the-counter presence in the huge United States market.
Deals
Sanofi said it would start a tender offer for all of Chattem’s shares at $93.50 per share, a premium of 34 percent [...]