Pharma BD Deal Intelligence

Novartis AG / Hexal AG and Eon Labs Inc.

2005 · Acquisition/Merger · $8.4B · Complete

Announcement Sentiment
75
Strongly positive

Novartis announces simultaneous acquisitions of Hexal (~$5.65B EUR) and Eon Labs ($1.72B equity + tender) creating world's largest generics player (Sandoz). Combined value ~$8.4B.

Key facts

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