TITLE

Swiss buy is too high, say analysts

AUTHOR(S)
Davis, Nigel
PUB. DATE
September 2006
SOURCE
ICIS Chemical Business;9/25/2006, Vol. 1 Issue 36, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the decision of Merck KGaA to acquire Swiss biopharmaceuticals company Serono. According to analysts, Merck KGaA shares fell nearly 6% on the news. The acquisition of Serono would transform Merck's ethical pharmaceuticals business and create a leader in biological medicines. Merck KGaA said its acquisition of family-held Serono would transform its ethical pharmaceuticals business and create a leader in biological medicines.
ACCESSION #
22669973

 

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