AstraZeneca to buy Fusion Pharma for $2 billion in cash

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AstraZeneca to buy Fusion Pharma for $2 billion in cash
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The drugmaker will pay $21 per Fusion share, a premium of more than 97% to the U.S.-listed company's closing price on Monday. AstraZeneca will also pay a...

-AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 billion in cash to boost its oncology portfolio.

AstraZeneca will also pay a non-transferable contingent value right of $3 per share, taking the combined transaction value to about $2.4 billion. Canadian retirees can consider supplementing their CPP payouts by investing in blue-chip dividend stocks such as RBC. The post Here’s the Average CPP Benefit at Age 70 appeared first on The Motley Fool Canada.Are you interested in buying dividend stocks for passive income in 2024? Here’s one stock I’m buying! The post 1 Dividend Stock I’m Buying for Superior Passive Income in 2024 appeared first on The Motley Fool Canada.

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