Japan’s Chugai denies talks with Roche regarding takeover


TOKYO: Chugai Pharmaceutical Co Ltd has denied a media report saying Roche Holding AG is in talks to buy the almost 40 percent stake in the Japanese company that it does not already own for about $10 billion.

The Swiss group could announce a deal to take full control of its Japanese partner for oncology and arthritis drugs as early as this coming week, although no final decision has been made, Bloomberg said. (http://bloom.bg/1yF2JNH)

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