September 04, 2012

Sanofi Launches Modified Dutch Auction Tender Offer to Purchase up to 86,766,040 of its Outstanding Contingent Value Rights

 

Sanofi Launches Modified Dutch Auction Tender Offer to Purchase up to 86,766,040 of its Outstanding Contingent Value Rights

Paris, France – September 4, 2012 – Sanofi (EURONEXT: SAN and NYSE: SNY) today announced that it has commenced a modified “Dutch Auction” cash tender offer to purchase up to 86,766,040 of its outstanding Contingent Value Rights (“CVRs”) (representing approximately 30% of the outstanding CVRs as of August 30, 2012) at a price range that is not greater than $1.75 nor less than $1.50 per CVR.