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AstraZeneca could face bid after [pounds sterling]4bn Solvay takeover.

Publication: The Daily Mail (London, England)
Publication Date: 29-SEP-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: AstraZeneca could face bid after [pounds sterling]4bn Solvay takeover.(Business)

Article Excerpt
Byline: Ian Lyall

THE [pounds sterling]4bn takeover of Belgian chemical giant Solvay's pharmaceutical business could light the fuse under another wave of consolidation in the sector, with AstraZeneca touted as the next bid target.

Ambitious Novartis, which recently recruited former AZ finance director Jonathan Symonds to the same role, is seen as a would-be buyer of the UK pharma group.

But the Swiss maker of...

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