Megadeal Ahead? Horizon In Takeover Talks With Big Pharma For $20bn+ Deal

Amgen, J&J And Sanofi All Keen

 
• By Ayisha Sharma
  
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The Irish firm revealed it was in early conversations with Amgen, J&J and Sanofi regarding a possible takeover, with some experts touting the potential for a deal far surpassing the $20bn mark.  

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M&A activity has been muted this year, but a mega-deal could now be on the cards. Horizon Therapeutics plc’ board has revealed it is the midst of “highly preliminary” discussions with Amgen, Inc., Janssen Global Services (a Johnson & Johnson company) and Sanofi which could result in an offer for its “entire share capital,” prompting optimism about potential deal value.

The Dublin-headquartered company revealed the news shortly after the Wall Street Journal reported it was fielding takeover interest from big...

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