French pharmaceuticals company Sanofi-Aventis Monday said it would acquire Chattem Inc. for $1.9 billion.
The move would step up Sanofi's presence in the consumer drug market, as Chattem, based in Tennessee, makes products like Icy Hot pain-relieving patches and gel and ACT mouthwash and posted revenues of $454.9 million in 2008.
Dec 21 · 1:19:00 PM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
COMMENTS:
Advertisement