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Novartis buys stake in Roche

May 7, 2001 7:00 AM UTC

Novartis (NVS; SWX:NOVN) acquired 20% of the voting shares of Roche (SWX:ROCZ) through the purchase of 32 million bearer shares at CHF151 ($87.338) valued at CHF4.8 billion ($2.8 billion). The shares ...