Pharma BD Deal Intelligence

Novartis AG (Sandoz) / Lek Pharmaceuticals d.d.

2002 · Acquisition/Merger · $876M · Complete

Announcement Sentiment
60
Positive

Novartis, through its Sandoz division, acquired Lek Pharmaceuticals, Slovenia's largest drugmaker, for EUR 876M (CHF 1.3B) via a friendly public tender offer that reached 99.07% acceptance. The acquisition expanded Sandoz's global generics platform and completed in November 2002.

Key facts

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