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Roche buys Boehringer Mannheim and DePuy from Corange
May 1997
Executive Summary
Pharmaceutical giant Roche has agreed to purchase all the shares of Corange for about $11bn, thus gaining the holding company's drug and diagnostics group Boehringer Mannheim as well as its majority stake in the US orthopedics company DePuy.
Deal Industry
-
In Vitro Diagnostics
- Chemistry, Immunoassay
-
Medical Devices
- Implantable Devices
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Payment Includes Stock
- Full Acquisition
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Roche buys Boehringer Mannheim and DePuy from Corange
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