1. Actelion Shares Surge on Reported J&J Takeover Approach

    Actelion Shares Surge on Reported J&J Takeover Approach

     Shares in Actelion Ltd jumped as much as 19 percent to record highs on Friday on reports that U.S. healthcare company Johnson & Johnson was interested in a takeover of the fast-growing Swiss biotechnology firm...

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    1. We should then see many other (companies) interested (in Actelion). That will probably include at least one of the two other Basel-based companies.
    2. We continue to believe that management, as quoted on many conference calls and public presentations, remains committed to Actelion as an independent company.
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