Mergers & Acquisitions

Kirkland Represents Bristol-Myers Squibb on $90B Acquisition of Celgene Corporation

Kirkland & Ellis LLP advised Bristol-Myers Squibb Company (NYSE: BMY) on its agreement to acquire Celgene Corporation (NASDAQ: CELG) in a cash and stock transaction for an enterprise value of $90 billion.

The combined company will have nine products with more than $1 billion in annual sales and significant potential for growth in the core disease areas of oncology, immunology and inflammation, and cardiovascular disease.

Giovanni Caforio M.D., Chairman and Chief Executive Officer of Bristol-Myers Squibb
…we are creating an innovative biopharma leader, with leading franchises and a deep and broad pipeline that will drive sustainable growth and deliver new options for patients across a range of serious diseases.
…we are creating an innovative biopharma leader, with leading franchises and a deep and broad pipeline that will drive sustainable growth and deliver new options for patients across a range of serious diseases.
Giovanni Caforio M.D., Chairman and Chief Executive Officer of Bristol-Myers Squibb
The Kirkland team was led by corporate partners Daniel Wolf, Jonathan Davis and Ryan Brissette along with David Fox; capital markets partner Sophia Hudson; debt finance partners Linda Myers and Jessica Woolf; intellectual property partner Lisa Samenfeld, antitrust partners Matthew Reilly and Paula Riedel; tax partners Dean Shulman and Sara Zablotney; and executive compensation partner Scott Price.