Sanofi said to weigh alternative deals to Medivation; eyes BioMarin pharmaceutical - sources - part 2

Monday, 22 August 2016, 8:35 am

Hacks at the FT last night landed a rather good scoop about Pfizer winning the long running Medivation auction with a $14 billion takeover bid. Here is the link:

http://www.ft.com/cms/s/0/0b556924-67e5-11e6-a0b1-d87a9fea034f.html#axzz4Hzh24lte

The story has not yet been confirmed but it's written pretty hard and been followed by other "newspapers of record", so I would be surprised if it wasn't announced later today.

The key question now is: what will Sanofi do next?..

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