Assignment:
1. Why is Roche seeking to acquire Genentech? What synergies could the combined company produce?
2. How would you quantify the potential synergies between the two companies to justify the valuation of Genentech?
3. What should Franz Hummer do?
Readings:
Roche's Acquisition of Genentech
By Charles Y. Baldwin
Bo Becker
Vincent Dessain