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Announced

Completed

Bristol Myers Squibb completed the acquisition of a minority stake in Kura Oncology for $25m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Majority

Single Bidder

Private

Biotechnology

United States

biopharmaceutical company

Acquisition

Domestic

Friendly

Synopsis

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Bristol Myers Squibb, a biopharmaceutical company, completed the acquisition of a minority stake in Kura Oncology, a clinical-stage biopharmaceutical company, for $25m. “Bristol Myers Squibb has deep expertise and history in advancing transformational cancer treatments. This equity investment strengthens the relationship between our organizations and enables Bristol Myers Squibb to provide valuable strategic input into our global development strategy. We are honored and excited to have their support and look forward to their input as we work to deliver innovative science with the potential to benefit patients," Troy Wilson, Kura Oncology CEO.

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