Pharma BD Deal Intelligence

Hoechst AG / Marion Merrell Dow Inc.

1995 · Acquisition/Merger · $7.1B · Complete

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Top 10 largest deals of the 1990s

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

May 04, 1995 Hoechst to buy Marion Merrell Dow for $7.1B - UPI Archives Bullish

Hoechst AG agreed to acquire Marion Merrell Dow for $7.1 billion, purchasing all outstanding shares at $25.75 per share, creating Hoechst Marion Roussel with…

Jun 27, 1995 Hoechst AG - Federal Trade Commission Neutral

The Federal Trade Commission reviewed Hoechst AG's $7.1 billion acquisition of Marion Merrell Dow, requiring divestitures to restore competition for four drugs…

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Hoechst AG acquired the remaining shares of Marion Merrell Dow it did not already own for $7.1 billion ($25.75/share). The deal was structured in two steps: first acquiring Dow Chemical's 71% stake (~$5.1B), then the remaining public float. The combined entity became Hoechst Marion Roussel.

Key facts

Related deals — scored

DealYearValueOutcome
Hoechst AG / Marion Merrell Dow Inc. (this deal)1995$7.1B73
Pfizer Inc. / FoldRx Pharmaceuticals201099
Abbott Laboratories / Knoll Pharmaceuticals (BASF Pharma)2000$6.9B95
Astra AB / Zeneca Group plc1998$35.0B94
Merck & Co. Inc. / Acceleron Pharma Inc.2021$11.5B90
Johnson & Johnson / Actelion Ltd2017$30.0B90
Eli Lilly and Company / Boehringer Ingelheim GmbH2011$444M89

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