Roche wins Ventana with raised $3.4 bln bid
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Roche Holding AG  has overcome Ventana Medical System Inc's  resistance to its takeover bid by raising the price, acquiring the diagnostics maker for $3.4 billion to boost its cancer testing business.
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Generic drug maker Mylan Laboratories Inc.  said on Friday it expects to raise $993.6 million after pricing a public offering of notes and common shares, with proceeds intended for global operations and potential acquisitions.
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XSTRATA, the diversified miner, will have to increase its A$7.4 billion (Â£3.1 billion) bid for WMC Resources if it is to succeed, analysts have said.
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Net profit at Roche Holding  AG  rose 34 percent to 9.17 billion Swiss francs ($7.33  billion) in 2006 due to strong sales of cancer treatments  Herceptin and Avastin, just ahead of analysts' expectations.
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Sale of Marmon Holdings to Berkshire raises $4.5B now, more later.
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Swiss pharmaceutical giant Roche on Thursday announced third-quarter sales up 9 percent from the same period last year, driven by strong growth from its two leading cancer treatments.
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A group led by the investor Carl C. Icahn has agreed to increase its bid for the Lear Corporation, the automotive supplier, by about 3.5 percent, to roughly $2.9 billion.
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Shares of Biomira Inc., a Canadian drug developer, jumped 94 percent and Merck KGaA, Germany&#39;s fourth-largest drugmaker, rose as much as 6.4 percent after the companies said data from
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Consolidation in Europe's drugs   sector gathered steam on Thursday as Germany's Merck MRCG.DE   unveiled a $13.3-billion deal to buy Europe's top biotech firm   Serono SEO.VX, and Denmark's Nycomed won the drugs unit of   Altana ALTG.DE.
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Consolidation in Europe's drugs   sector gathered steam on Thursday as Germany's Merck unveiled a   $13.3-billion deal to buy Europe's top biotech firm Serono, and   Denmark's Nycomed won the drugs unit of Altana.
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Justine Henin beats Ana Ivanovic to win her third straight French Open title and fourth in total.
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Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.Comment
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Roche (ROG.VX: Quote, Profile, Research) has filed for EU marketing approval for its Tarceva drug to treat advanced non-small cell lung cancer, the Swiss healthcare group said on Thursday, boosting its shares.
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Better test results for Elan Corp's key  Antegren drug lifted the Irish company's shares more than 10  percent as analysts said the data improved its chances of  becoming the leading multiple sclerosis treatment.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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Buyout firm Fortress Investment Group on Monday raised its offer for Stelmar Shipping Ltd. (SJH.N: Quote, Profile, Research) by about 4 percent to $703 million, but Stelmar&#39;s
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Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.