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Stock Market & Financial Investment News

News Breaks
April 29, 2014
06:15 EDTSNYSanofi CEO says focusing on smaller, 'bolt-on' deals, WSJ reports
Christopher Viehbacher, the CEO of Sanofi, says his company will continue to focus on smaller, "bolt-on" acquisitions despite the resurgence of much bigger deals in the sector, the Wall Street Journal reports. He comments, "And because we believe that we have critical mass in these areas, we don't feel the need to pay any price to acquire further businesses." Reference Link
News For SNY From The Last 14 Days
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July 21, 2014
07:11 EDTSNYInternational Society of DNA Vaccines to hold a conference
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July 16, 2014
09:03 EDTSNYSanofi held talks on mature drugs with Abbott, Mylan, PE firms, Reuters says
Sanofi (SNY) has shopped an $8.5B portfolio of mature drugs to Abbott (ABT), Mylan (MYL) and private equity firms, according to Reuters, citing an internal company document circulated by the CGT union. Sanofi is considering whether to sell, carve out or create a joint venture for the portfolio of about 200 drugs, but a Sanofi spokesman said no decision has yet been made, the report noted. Reference Link

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