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Novartis AG (NVS): We Have No Intention of Buying Actavis (ACT)



5/16/2013 7:43:53 AM

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Novartis has no plans to bid for U.S.-based generic drugmaker Actavis, which is the subject of intense takeover speculation, a spokesman for the Swiss drugmaker said on Thursday. "We have no intention to pursue them," spokesman Eric Althoff said in response to inquiries.

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