.
MergerLinks Header Logo

New Deal


Announced

Completed

Bristol Myers Squibb completed the acquisition of Mirati Therapeutics for $4.7bn.

Financials

Edit Data
Transaction Value£3,840m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium52%
One Off Charge-

Tags

Edit

cancer therapeutics

Biotechnology

Majority

Domestic

Friendly

oncology

United States

cancer treatment

Public

Acquisition

Single Bidder

Completed

Synopsis

Edit

Bristol Myers Squibb, a global biopharmaceutical company, completed the acquisition of Mirati Therapeutics, a commercial stage biotechnology company, for $4.7bn. “The closing of the Mirati transaction is a significant milestone in our efforts to further diversify our oncology portfolio and strengthen our pipeline in the latter half of the decade and beyond. Mirati’s incredibly talented employees have built a strong portfolio of assets and capabilities that are highly complementary with BMS’. We welcome them and look forward to working together to leverage BMS’ global scale and resources to deliver more treatments for cancer patients, faster," Chris Boerner, Bristol Myers CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US