FRANCE: DIVISION MERGERS FOR GLAXO SMITHKLINE

Article Abstract:

Groupe Glaxo SmithKline, of Nanterre (ex-SmithKline Beecham Pharma France) will absorb Groupe Glaxo Wellcome, in Marly-le-Roi. Glaxo SmithKline Production (Marly-le-Roi), which will raise its capital by FFr 99mn, will also receive a production unit in Mayenne from Laboratoire Glaxo SmithKline (ex-SmithKline Beecham Laboratoires Pharmaceutiques), in Nanterre. The latter will also increase it capital by FFr 48mn to FFr 153mn, with the absorption of Laboratoire Glaxo Wellcome in Marly-le-Roi.

Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Ethical Preparations, Glaxo Wellcome PLC, Glaxo SmithKline PLC

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FRANCE: AVENTIS ABSORBS SUBSIDIARY

Article Abstract:

Aventis CropScience France, recently decided to absorb its subsidiary, Rhone-Poulenc Leadagro, contributing a net worth of FFr 12.2mn to Aventis. Both these companies are based in Lyon.

Pesticide and Other Agricultural Chemical Manufacturing, Pesticides & Other Ag Chemicals, Agricultural chemicals, not elsewhere classified, AVENTIS ABSORBS SUBSIDIARY, Rhone-Poulenc Leadagro

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FRANCE: MONSANTO FRANCE ABSORBED BY PHARMACIA

Article Abstract:

Monsanto France, based in La Defense (Paris region), was recently absorbed by Pharmacia (formerly Pharmacia & Upjohn), which increases its capital by FFr 159.6mn.

Pharmacia and Upjohn Inc., PNU, Pharmacia AB

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