Strategic Initiative

Slingshot members are tracking this corporate initiative:

Novartis(NVS) to acquire The Medicines Company(MDCO) for USD 9.7 bn, adding inclisiran, investigational cholesterol-lowering therapy

Do you think this event is important to the companies below? How will it affect their stock price?

Related Companies
Importance
High Medium Low
Impact on Stocks
NVS

100%
ARWR

100%
MDCO

100%

Additional Information

Additional Relevant Details
  • Offer price of USD 85.00 per share in cash represents a premium of approximately 41% over The Medicines Company’s 30-day volume weighted average price of USD 60.33; valuing the company at approximately USD 9.7 billion on a fully diluted basis
https://www.novartis...
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Nov 24, 2019
Projected Implementation:
Q4, 2019
Relevance Tracked Until:
Q1, 2020
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Related Keywords Inclisiran, Cholesterol Lowering