May 5, 2020 / 11:15 AM / 23 days ago

BRIEF-Alexion To Acquire Portola

May 5 (Reuters) - Alexion Pharmaceuticals Inc:

* ALEXION TO ACQUIRE PORTOLA

* ALEXION PHARMACEUTICALS INC - DEAL FOR $18 PER SHARE IN CASH

* ALEXION PHARMACEUTICALS INC - ALEXION WILL FUND TRANSACTION WITH CASH ON HAND.

* ALEXION PHARMACEUTICALS INC - ALEXION WILL ALSO BE ACQUIRING CASH CURRENTLY ON PORTOLA’S BALANCE SHEET, NET OF DEBT OF APPROXIMATELY $215 MILLION Source text for Eikon: Further company coverage:

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