Boehringer and Sanofi swap deal largely completed

2 January 2017

Confirmation was announced today (January 2) that the strategic transaction signed in June 2016, which consists of an exchange of French pharma major Sanofi's (Euronext: SAN) animal health business Merial (valued at around $13.53 billion) and German peer Boehringer Ingelheim's consumer healthcare (CHC) business (valued at $7.98 billion), has been successfully closed in most markets on January 1st 2017.

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