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BASF BOYS BOOTS FOR UK, FRANCE MARCH: $1.36 BIL.

Executive Summary

BASF BOYS BOOTS FOR UK, FRANCE MARCH: $1.36 BIL. agreement in principle announced Nov. 14 calls for German conglomerate to acquire the British pharmaceutical company for about 850 mil. pounds sterling. The deal will shore up "certain weaknesses in regions" such as France and the U.K., BASE said. The German company has operated in the U.S. since 1980 when it acquired Knoll Pharmaceuticals.
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