That’s a good $26 billion. Overall, the deal corresponds to an operating value of $28.3 billion (€27 billion), including debt. Horizon supports the offer. Bloomberg news agency previously reported on a possible transaction.
It would be the biggest takeover ever for Amgen. The price is about 20 percent above Friday’s Horizon close of $97.29. The stock rose a good 14 percent in premarket US trading to $111.30. Amgen shares fell nearly 3 percent.
In the statement, it was stated that Horizon should accelerate the growth of Amgen. Greater efficiency is expected to save at least $500 million per year.
French pharmaceutical company Sanofi and US healthcare company Johnson & Johnson were also interested in acquiring the Dublin-based company. Sanofi withdrew from the weekend bidding race. Johnson & Johnson previously filmed.
(SDA)