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Ciba-Geigy is increasing its stake in Chiron to 49.9% (from 1.4 million to 20 million shares) and after 5 years may choose to increase its stake to 55%. It began a tender offer to purchase 11.9 million shares (37.3% of Chiron) at $117 per share.
Deal Industry
Biotechnology
Pharmaceuticals
Deal Status
Final
Deal Type
Acquisition
Partial Acquisition
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