Friday 17 June 2016

Sanofi said to weigh alternative deals to Medivation; eyes BioMarin Pharmaceutical - sources

French pharmaceutical giant Sanofi is working on a back up plan in case it fails to win its $9.3 billion hostile pursuit of US-listed Medivation.

Top sources have told me the French pharmaceutical giant has begun looking at US-based rare disease specialist BioMarin Pharmaceutical as a potential alternative takeover deal after growing frustrated in its pursuit of Medivation, which has so far resisted the French company's advances.

Last month, Sanofi launched a formal attempt to kick out the entire Medivation board after the US company rebuffed a $52.50 a share takeover proposal. Medivation has urged its shareholders to reject Sanofi's proposal for a new board.

BioMarin, run by Jean Jacques Bienaime, has been courted over the last couple of years by the likes of Switzerland-based Roche and London-listed Shire but up until now has opted to remain independent.

However, the company's shares have fallen from a high of $150 in the middle of last year to around $80 a share, potentially leaving the business vulnerable to an approach.

Now, clearly the very idea of Sanofi - which is being advised by Morgan Stanley and Goldman Sachs - looking at an alternative deal to Medivation might just give the US company's shareholders that extra bit of encouragement to work with the French giant in replacing Medivation's board. But this story really has come from excellent sources, so I'm taking Sanofi's interest in BioMarin seriously.

Other potential targets for Sanofi include Actelion although recent comments from Jean-Paul Clozel, the founder and chief executive, imply it's unlikely he is willing to sell the business.

When asked about BioMarin, a spokesperson for Sanofi declined to comment. A BioMarin spokesperson also declined to comment.

10 comments:

  1. Hi everyone, fix your broken relationship and marriage right now no matter how hopeless your situation seems!! I am so excited sharing my testimony with everyone here about how i saved my marriage and got my husband back after a divorce..I am Natasha Hayes by name and i live in England. I'm a happily married to a lovely and caring husband ,with two kids.A very big problem occurred in my family seven months ago,between me and my husband .so terrible that he took the case to court for a divorce.he said that he never wanted to stay with me again,and that he didn't love me anymore.So he packed out of the house and made me and my children passed through severe pain. I tried all my possible means to get him back,after much begging,but all to no avail.and he confirmed it that he has made his decision,and he never wanted to see me again. So on one evening,as i was coming back from work,i met an old friend of mine who asked of my husband .So i explained every thing to him,so he told me that the only way i can get my husband back,is to visit a spell caster,because it has really worked for him too.So i never believed in spell,but i had no other choice,than to follow his advice. Then he gave me the email address of the spell caster whom he visited.{Unityspelltemple@gmail.com}. So the next morning,i sent a mail to the address he gave to me,and the spell caster assured me that i will get my husband back the next day.What an amazing statement!! I never believed,so he spoke with me,and told me everything that i need to do. Then the next morning, So surprisingly, my husband who didn't call me for the past{7}months,gave me a call to inform me that he was coming back.So Amazing!! So that was how he came back that same day,with lots of love and joy,and he apologized for his mistake,and for the pain he caused me and my children. Then from that day,our marriage was now stronger than how it were before,by the help of a spell caster Dr Unity. So, i will advice you out there, if you have any problem contact Dr Unity and i guarantee you that he will help you and you will be the next to share your testimony to every one in the world!!. Email him at: Unityspelltemple@gmail.com or call him on: +2348072370762.

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  2. Hi everyone, fix your broken relationship and marriage right now no matter how hopeless your situation seems!! I am so excited sharing my testimony with everyone here about how i saved my marriage and got my husband back after a divorce..I am Natasha Hayes by name and i live in England. I'm a happily married to a lovely and caring husband ,with two kids.A very big problem occurred in my family seven months ago,between me and my husband .so terrible that he took the case to court for a divorce.he said that he never wanted to stay with me again,and that he didn't love me anymore.So he packed out of the house and made me and my children passed through severe pain. I tried all my possible means to get him back,after much begging,but all to no avail.and he confirmed it that he has made his decision,and he never wanted to see me again. So on one evening,as i was coming back from work,i met an old friend of mine who asked of my husband .So i explained every thing to him,so he told me that the only way i can get my husband back,is to visit a spell caster,because it has really worked for him too.So i never believed in spell,but i had no other choice,than to follow his advice. Then he gave me the email address of the spell caster whom he visited.{Unityspelltemple@gmail.com}. So the next morning,i sent a mail to the address he gave to me,and the spell caster assured me that i will get my husband back the next day.What an amazing statement!! I never believed,so he spoke with me,and told me everything that i need to do. Then the next morning, So surprisingly, my husband who didn't call me for the past{7}months,gave me a call to inform me that he was coming back.So Amazing!! So that was how he came back that same day,with lots of love and joy,and he apologized for his mistake,and for the pain he caused me and my children. Then from that day,our marriage was now stronger than how it were before,by the help of a spell caster Dr Unity. So, i will advice you out there, if you have any problem contact Dr Unity and i guarantee you that he will help you and you will be the next to share your testimony to every one in the world!!. Email him at: Unityspelltemple@gmail.com or call him on: +2348072370762.

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  3. My heart is full of happiness since Dr. happy put a smile on face again by bringing the man i love most back in my life after putting my trust on him, my lover was back to me and i now believe love spell exist contact him via happylovespell2@gmail.com or call him via +2348133873774 also WhatsApp him with same number for quick response to solve your relationship or marriage today once again Dr. happy i'm grateful for your help.

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  4. HOW TO SAVE YOUR RELATIONSHIP
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  5. My life became devastated when my husband sent me packing, after 8 years that we have been together. I was lost and helpless after trying so many ways to make my husband take me back. One day at work, i was absent minded not knowing that my boss was calling me, so he sat and asked me what its was all about i told him and he smiled and said that it was not a problem. I never understand what he meant by it wasn't a problem getting my husband back, he said he used a spell to get his wife back when she left him for another man and now they are together till date and at first i was shocked hearing such thing from my boss. He gave me an email address of the great spell caster who helped him get his wife back, i never believed this would work but i had no choice that to get in contact with the spell caster which i did, and he requested for my information and that of my husband to enable him cast the spell and i sent him the details, but after two days, my mom called me that my husband came pleading that he wants me back, i never believed it because it was just like a dream and i had to rush down to my mothers place and to my greatest surprise, my husband was kneeling before me pleading for forgiveness that he wants me and the kid back home, then i gave Happy a call regarding sudden change of my husband and he made it clear to me that my husband will love me till the end of the world, that he will never leave my sight. Now me and my husband is back together again and has started doing pleasant things he hasn't done before, he makes me happy and do what he is suppose to do as a man without nagging. Please if you need help of any kind, kindly contact Happy for help and you can reach him via email: happylovespell2@gmail.com

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  8. My life became devastated when my husband sent me packing, after 8 years that we have been together. I was lost and helpless after trying so many ways to make my husband take me back. One day at work, i was absent minded not knowing that my boss was calling me, so he sat and asked me what its was all about i told him and he smiled and said that it was not a problem. I never understand what he meant by it wasn't a problem getting my husband back, he said he used a spell to get his wife back when she left him for another man and now they are together till date and at first i was shocked hearing such thing from my boss. He gave me an email address of the great spell caster who helped him get his wife back, i never believed this would work but i had no choice that to get in contact with the spell caster which i did, and he requested for my information and that of my husband to enable him cast the spell and i sent him the details, but after two days, my mom called me that my husband came pleading that he wants me back, i never believed it because it was just like a dream and i had to rush down to my mothers place and to my greatest surprise, my husband was kneeling before me pleading for forgiveness that he wants me and the kid back home, then i gave Happy a call regarding sudden change of my husband and he made it clear to me that my husband will love me till the end of the world, that he will never leave my sight. Now me and my husband is back together again and has started doing pleasant things he hasn't done before, he makes me happy and do what he is suppose to do as a man without nagging. Please if you need help of any kind, kindly contact Happy for help and you can reach him via email: happylovespell2@gmail.com

    ReplyDelete
  9. Life is good when you have your love ones around you, I am saying this because when i had issues with my lover i never seen life as a good thing but thanks to Dr. AGBAZARA of AGBAZARA TEMPLE, for helping me to cast a spell that brought my lover back to me within the space of 48hours. My husband left me for another woman after 7YEARS of marriage,but Dr.AGBAZARA help me cast a spell that brought him back to me within 48hours. I am not going to tell you more details about myself rather i will only advise those who are having issues in there relationship or marriages to contact Dr.AGBAZARA TEMPLE through these details via; ( agbazara@gmail.com ) or call him on ( +2348104102662 ).

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  10. GREETINGS everyone out there.. My name is Sarah Gomez FROM CANADA i will never forget the help Prophet Ayelala rendered to me in my marital life. i have been married for 5 years now and my husband and i love each other very dearly . after 3 years of our marriage my husband suddenly change he was having an affair with a lady outside,i notice it then i was praying for divine intervention the thing became more serious i told my pastor about it we prayed but nothing happen. my husband just came home one day he pick up his things and left me and the kids to his mistress outside at this time i was confuse not knowing what to do again because i have lost my husband and my marriage too. i was searching for help in the internet, i saw many people sharing testimony on how Prophet Ayelala help them out with their marital problems so i contacted the email of Prophet Ayelala i told him my problem and i was told to be calm that i have come to the right place were i can get back my husband within the next 24hours. He told me what went wrong with my husband and how it happen.that they will restored my marriage. to my greatest surprise my husband came to my office begging me on his knees that i should find a place in my heart to forgive him,that he will never cheat on me again. i quickly ask him up that i have forgiven him.friends your case is not too hard why don't you give Prophet Ayelala a try they work surprises because i know they will help you to fix your relationship with your ex partner. i thank god for using Prophet Ayelala to save my marriage. Contact him via Email: ( Ayelala7demons@gmail.com ) Or Reach him on whatsapp: +2347031894318



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