1. Roche Holding Ltd

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    2. Novartis Cuts Uneasy 20-year Ties to Roche With $20.7 Billion Voting Stake Sale

      Novartis Cuts Uneasy 20-year Ties to Roche With $20.7 Billion Voting Stake Sale
      (Reuters) -Novartis AG said on Thursday it would sell its nearly one-third voting stake in Roche back to its cross-town rival for $20.7 billion, disentangling the two competitors that had been linked by the investment for more than two decades. The deal extricates Roche from ownership ties to a major rival with strategic vetoing power, though it has however kept a passive role in the face of powerful Roche ...
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