Aventis intends to divest its crop-protection division

Article Abstract:

Aventis SA is planning to sell off its crop-protection operations as part of a strategic overhaul. Such a divestiture could raise as much as 8 billion euros.

Soil Preparation, Planting, and Cultivating, Crop planting and protecting, Crop Protection Services, Agricultural industry, Aventis S.A., Plants, Protection of, Plant protection, AVE

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Hoechst still unsure of merger backing; but strides made toward Rhone-Poulenc union

Article Abstract:

A merger between two agrochemical and pharmaceutical giants awaits the decision of a major shareholder. Hoechst AG and Rhone-Poulenc SA have been delayed in consolidation discussions due to objections from Kuwait Petroleum Corp., a major shareholder in Hoechst. A reduction in new products in recent years has effected both companies.

Acquisitions & mergers, Germany, Chemicals & Allied Products, Chemical Manufacturing, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Kuwait, Management, Mergers, acquisitions and divestments, Chemicals, Petroleum industry, Chemical industry, Rhone-Poulenc S.A., Kuwait Petroleum Corp., Hoechst AG

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Roche plans to spin off fragrance division in 2000

Article Abstract:

Roche Holding Ltd. announced plans to spin off its fragrances and flavor operations to shareholders in 2000. The company's flavor and fragrance units have a estimated market of 12 billion Swiss francs (7.53 billion euros) worldwide every year.

Switzerland, Toilet Preparation Manufacturing, Perfumes & Colognes, Roche Holding Ltd., Perfumes industry, Fragrances (Toiletries)

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