French multinational pharmaceutical company Sanofi is selling a stake in Regeneron Pharmaceuticals Inc. valued at about $13 billion. According to an announcement from both companies on Monday, Regeneron has agreed to repurchase $5 billion of its stock from Sanofi. Regeneron has said that the French company also plans to sell approximately 12.8 million shares, a … Continue reading “Sanofi to Sell Stake in Regeneron Pharmaceuticals for Roughly $13B”
Author: Sophia Vida
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