AstraZeneca, Novartis said to be close to merger of agrochemical businesses

Article Abstract:

Article discussing how close AstraZeneca PLC and Swiss drug manufacturer Novartis AG are to merging their agricultural units. The new firm, which will be merged into a new, separately traded company, would form the largest agrochemical business in the world with sales of $8 billion (Euro7.93 billion) and a potential stockmarket value worth $15 to $20 million.

Asset sales & divestitures, Agricultural Chemicals, Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing, AstraZeneca PLC, Agricultural chemicals industry

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Novartis, Glaxo form ties with smaller drug firms

Article Abstract:

Novartis AG of Switzerland is to purchase NeuTec Pharma PLC of the United Kingdom for 305 million Pounds ($568 million). GlaxoSmithKline PLC of the United Kingdom is to acquire Galapagos N.V. for 4 million Euros ($5.1 million) with as much as 130 million Euros more if certain financial goals are met.

GlaxoSmithKline PLC, NeuTec Pharma

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Nestle bolsters baby-food line: purchase from Novartis ends chase begun in 1994, fills hole in U.S. portfolio

Article Abstract:

Nestle S.A. has purchased the Gerber Products Co. from Novartis AG for %5.5 bil, providing Nestle with its entry into the US infant nutrition market. Gerber has 79% of the US market share.

Market share, FOOD AND KINDRED PRODUCTS, Canned specialties, United States, Food industry, Nestle S.A., Baby foods industry, Gerber Products Co., Company market share, Food and beverage production/distribution software

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