Jazz Pharmaceuticals (JAZZ) to Acquire GW Pharmaceuticals (GWPH) for $220/sh in $7.2 Billion Deal
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Jazz Pharmaceuticals to Acquire GW Pharmaceuticals plc, Creating an Innovative, High-Growth, Global Biopharma Leader
February 3, 2021 7:30 AM ESTDUBLIN and LONDON, Feb. 3, 2021 /PRNewswire/ --Â Jazz Pharmaceuticals plc (Nasdaq: JAZZ) and GW Pharmaceuticals plc (Nasdaq: GWPH) today announced the companies have entered into a definitive agreement for Jazz to acquire GW for $220.00 per American Depositary Share (ADS), in the form of $200.00 in cash and $20.00 in Jazz ordinary shares, for a total consideration of $7.2 billion, or $6.7 billion net of GW cash. The transaction, which has been unanimously approved by the Boards of Directors of both companies, is expected to close in the second... More
