Boehringer, Sanofi Close Deal As FTC Orders Divestitures

Law360, New York (January 3, 2017, 2:13 PM EST) -- German pharmaceutical company Boehringer Ingelheim GmbH and French pharmaceutical company Sanofi SA on Monday announced that they have closed their €23 billion ($25.2 billion) asset swap, days after the Federal Trade Commission ordered Boehringer to divest five of its animal health products to fix competition problems with the deal.

Boehringer and Sanofi confirmed that the deal — in which Boehringer will swap its consumer health care business for Sanofi's animal health business Merial — has been successfully closed in most markets, five days after the FTC ordered Boehringer to divest its companion animal vaccines to Eli Lilly and Co. and the company's...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!