Deals, Deals, Deals ... in a bear market - Part 45
Tuesday, 18 April 2023, 8:20 am
New deals are being announced on a daily basis at the moment, with the pharmaceutical sector one of the most buoyant for dealmaking.
The latest deal is GlaxoSmithKline's takeover of Canadian biopharmaceutical company Bellus Health for $14.75 a share or around £1.6 billion.
That price is double Bellus Health's closing price of $7.26!
Below is a link to the press release if you want to read all the detail of the deal:..
Tags: GlaxoSmithKline, Bellus Health