June 2 (Reuters) - Sanofi:
* PRESS RELEASE: SANOFI TO ACQUIRE BLUEPRINT MEDICINES,
EXPANDING
PORTFOLIO IN RARE IMMUNOLOGICAL DISEASE AND ADDING EARLY-STAGE
PIPELINE IN IMMUNOLOGY
* SANOFI TO FINANCE DEAL WITH CASH AND NEW DEBT
* SANOFI EXPECTS TO COMPLETE ACQUISITION IN Q3 2025
* WILL PAY $129.00 PER SHARE IN CASH AT CLOSING,
REPRESENTING AN
EQUITY VALUE OF APPROXIMATELY $9.1 BILLION FOR BLUEPRINT
* ACQUISITION IMMEDIATELY ACCRETIVE TO GROSS MARGIN
* BLUEPRINT SHAREHOLDERS WILL RECEIVE ONE NON-TRADEABLE
CONTINGENT
VALUE RIGHT (CVR) WHICH WILL ENTITLE HOLDER TO RECEIVE TWO
POTENTIAL MILESTONE PAYMENTS OF $2 AND $4 PER CVR FOR
ACHIEVEMENT, RESPECTIVELY, OF FUTURE DEVELOPMENT AND REGULATORY
MILESTONES FOR BLU-808
* TOTAL EQUITY VALUE OF BLUEPRINT TRANSACTION, INCLUDING
POTENTIAL
CVR PAYMENTS, REPRESENTS APPROXIMATELY $9.5 BILLION ON A FULLY
DILUTED BASIS
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(Gdansk Newsroom)