Breaking News

Advent to Acquire Sanofi’s Generics Biz in Europe

Sanofi and Advent finalize negotiations for the acquisition of Zentiva

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Sanofi and Advent International have finished negotiations for the acquisition of Zentiva, Sanofi’s European generics business, by Advent. The companies have signed a Share Purchase Agreement worth €1.9 billion. The companies announced that they had entered into exclusive talks on April 17, 2018. The signing of this Share Purchase Agreement marks a critical step on the way to the closing of the deal and the transfer of the Zentiva business to Advent, that is anticipated during the cours...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters