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Europe Daily Bulletin No. 7680

20 March 2000
Contents Publication in full By article 24 / 40
GENERAL NEWS / (eu) eu/competition
On Tuesday, the Commission should initiate in-depth investigation into merger of Novartis and AstraZeneca agri-chemicals activities

Brussels, 20/03/2000 (Agence Europe) - The European Commissioner for competition, Mario Monti should decide on Tuesday to initiate an in-depth investigation into the merger of the agri-chemicals activities of the Swiss group Novartis and the Anglo-Swedish group AstraZeneca, his spokesperson confirmed. The two groups announced their merger (an operation worth $15 billion) in December within Synget, that will become the world's number one in agri-chemicals.

Novartis and AstraZeneca did not...

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