Sanofi Acquires Principia Biopharma For $100 Per Share Or $3.68B
August 17, 2020 at 06:38 AM EDT
Sanofi and Principia Biopharma entered into a definitive agreement under which Sanofi will acquire all of the outstanding shares of Principia for $100 per share in cash, which represents an aggregate equity value of approximately $3.68B.