M&A
confidence high
sentiment positive
materiality 0.90
BioMarin to acquire Amicus Therapeutics for $4.8B in all-cash deal at $14.50/share
BIOMARIN PHARMACEUTICAL INC
- BioMarin acquires Amicus for $14.50/share in cash, total equity value ~$4.8B; expected Q2 2026 close.
- Acquisition adds Galafold (Fabry) and Pombiliti+Opfolda (Pompe) products; Amicus's trailing 12-month revenue $599M.
- BioMarin secures up to $3.65B bridge loan from Morgan Stanley to fund transaction.
- Deal expected to be accretive to Non-GAAP diluted EPS in first 12 months post-close, substantially accretive from 2027.
- Amicus board unanimously recommends; subject to Amicus stockholder approval and regulatory clearances.