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Sanofi to buy U S mRNA partner Translate Bio in $3 2 bln deal

Article content PARIS Sanofi has agreed to buy U.S. biotech company Translate Bio in a $3.2 billion deal, as it bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race, confirming a Reuters exclusive report. Sanofi said it would acquire all outstanding shares of Translate Bio for $38.00 per share in cash, representing a total equity value of about $3.2 billion for Translate Bio. We apologize, but this video has failed to load. Try refreshing your browser, or Sanofi to buy U.S. mRNA partner Translate Bio in $3.2 bln deal Back to video The boards of both companies have approved the deal, and the chief executive of Translate Bio and the U.S. company’s largest shareholder have backed the takeover offer, Sanofi and Translate Bio said in a joint statement.

TOP NEWS SUMMARY: Stellantis profit up as chip shortage stabilises

TOP NEWS SUMMARY: Stellantis profit up as chip shortage stabilises
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

Covid-19: France s Sanofi expands mRNA drive with US firm purchase

Covid-19: France s Sanofi expands mRNA drive with US firm purchase
france24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from france24.com Daily Mail and Mail on Sunday newspapers.

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