1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Market Regulator Approves Sanofi's Aventis Takeover

August 9, 2004

The French pharmaceutical group Sanofi-Synthelabo's takeover bid for its larger rival Aventis has succeeded according to preliminary results, France's Financial

Market Authority said Monday, AFP reported. Sanofi-Synthelabo was on course to obtain "89.84 percent of shares and 89.88 percent of the voting rights in Aventis," surpassing Sanofi-Synthelabo's self-imposed minimum of gaining 50 Percent of Aventis for the offer to go through, the Financial Market Authority said in a statement. The French market authority is due to reveal the final results

of the offer on August 12.
Skip next section Explore more
Skip next section DW's Top Story

DW's Top Story

Skip next section More stories from DW