Roche/Corange Deal Comfirms Global Strategy
Roche's proposed acquisition of the Bermuda-based holding companyCorange (Marketletter June 2), which has a 100% stake in Boehringer Mannheim of Germany, and an 84.2% share in the US firm DePuy, is confirmation of its global leadership strategy, according to Goldman Sachs analysts Mark Tracey and John Murphy, who are firmly reiterating their rating of the company on their global priority list.
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