HMR Completion Moves A Step Closer
- Societe Francaise Hoechst now holds more than 99% of Roussel Uclafcommon shares following a tender offer which closed on January 24. This represents a major step in the construction of Hoechst Marion Roussel, says the company. The next move will be a public buy-out offer and then a compulsory buy-out procedure, which will include all of RU's common and preferred non-voting shares not tendered in this offer.
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