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Sanofi discusses $275 per Actelion share for potential deal - Bloomberg
December 16, 2016 / 2:42 AM / a year ago

Sanofi discusses $275 per Actelion share for potential deal - Bloomberg

Dec 15 (Reuters) - French drugmaker Sanofi is in advanced talks to buy Actelion Ltd and is discussing a price of about $275 per share for the Swiss drugmaker, Bloomberg reported on Thursday.

The potential deal, which could come as soon as next week, would value Actelion at about $29.6 billion, Bloomberg reported, citing people with knowledge of the matter.

Actelion is in talks with Sanofi about a deal, Reuters reported on Wednesday, after U.S. healthcare group Johnson & Johnson abandoned efforts to buy the company.

Sanofi and Actelion could not immediately be reached for comment. (Reporting by Ismail Shakil in Bengaluru; Editing by Gopakumar Warrier)

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