Novartis turns up merger heat on rival Roche

Published: 2003-01-29 07:00:00
Updated: 2003-01-29 07:00:00
Basel-based Novartis revealed on January 23 that it had spent $2.1 billion (11.4% voting stake) to lift its voting stake in Roche Holding AG to 32.7 percent, following Novartis's 21.3% stake at the end of 2001.

Financial Times on January 23 said that the holding by Novartis in its cross-down r...

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