Investment Banking

Lazard lands lead role on $11bn Sanofi takeover

French healthcare group's takeover of a US haemophilia treatment firm is the third-biggest M&A deal of 2018

Lazard lands lead role on $11bn Sanofi takeover
Photo: Getty Images

Lazard is advising French healthcare group Sanofi on the third-biggest M&A deal announced this year — another early win for Europe's independent investment banks on large-scale transactions in 2018.

Sanofi will pay $11.6bn for US haemophilia treatment specialist Bioverativ, which was spun off by Massachusetts biotech firm Biogen in February 2017.

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