“Samsung in negotiations to buy Biogen at a value of $ 42 billion”

The South Korean Samsung Group, the parent company of the electronics and computer giant Samsung Electronics, is negotiating the acquisition of Biogen, in a deal that may reflect to the biotechnology company The American is worth more than 50 trillion South Korean won ($ 42 billion). According to a report by the South Korean economic daily, Korea Economic Daily, the value of the deal would reflect a premium of 11% over Biogen’s current market value, which is slightly below $ 35 billion. “Samsung is negotiating with the selling side to buy Biogen,” a senior official at a global investment bank, whose name has not been revealed, told the newspaper today (Wednesday). Samsung and Biogen already agreed a decade ago to set up a drug development venture …

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