Pharma BD Deal Intelligence

Sanofi SA / Rhône-Poulenc

1895 · Acquisition/Merger · Complete

CALLED IT — OFF BY 8
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The coverage arc

Jan 26, 2004 NBC News / Reuters Neutral

Sanofi-Synthelabo launched a 48.5 billion-euro hostile takeover bid for Aventis (successor to Rhone-Poulenc) in a daring move to create the third-largest drugs…

Feb 25, 2004 Knowledge at Wharton Neutral

Analysts said it was only a matter of time, and price, before Aventis agrees to become part of Sanofi, framing the contested bid as a question of valuation…

Apr 26, 2004 Aventis Form 6-K (merger agreement announcement) Bullish

Sanofi-Synthelabo and Aventis agreed a friendly merger creating Sanofi-Aventis, the largest pharmaceuticals group in Europe and third largest worldwide, after…

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Sanofi and Rhone-Poulenc are connected through corporate lineage rather than a direct acquisition between the two. Rhone-Poulenc merged with Hoechst in 1999 to form Aventis; in 2004, Sanofi-Synthelabo acquired Aventis -- initially through a hostile bid valued at roughly EUR 48.5 billion and ultimately agreed as a friendly merger -- to create Sanofi-Aventis, then the world's third-largest pharmaceutical group. No standalone transaction in which Sanofi acquired Rhone-Poulenc took place.

Key facts

Related deals — scored

DealYearValueOutcome
Sanofi SA / Rhône-Poulenc (this deal)189548
Sanofi SA / Regeneron Pharmaceuticals, Inc.2007$1.0B97
Sanofi SA / Synthelabo S.A.1998$11.0B84
Sanofi SA / Genzyme Corporation2011$20.1B84
Sanofi SA / Amunix Pharmaceuticals Inc.2021$1.2B76
Sanofi SA / Genzyme Corporation2010$18.5B75
Sanofi SA / Translate Bio Inc.2018$805M73

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