(Reuters) - French drugmaker Sanofi (PA:SASY) is in advanced talks to buy Actelion Ltd (S:ATLN) and is discussing a price of about $275 per share for the Swiss drugmaker, Bloomberg reported on Thursday.
The potential deal, which could come as soon as next week, would value Actelion at about $29.6 billion (23.86 billion pounds), Bloomberg reported, citing people with knowledge of the matter. http://bloom.bg/2hCMRLu
Actelion is in talks with Sanofi about a deal, Reuters reported on Wednesday, after U.S. healthcare group Johnson & Johnson (N:JNJ) abandoned efforts to buy the company.
Sanofi and Actelion could not immediately be reached for comment.