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Deals Rumor Mill: Novartis, Air Berlin, BMW

By Benjamin Horney (October 11, 2017, 6:06 PM EDT) -- Novartis AG is opting to hold onto its 33 percent voting stake in Roche Pharma, worth about $14 billion, rather than selling it, according to a Wednesday report from Reuters. The report cited an interview with Joerg Reinhardt, chairman of Novartis, that was published in Swiss newspaper HandelsZeitung. According to the report, the company reviewed whether to divest the stake, ultimately deciding against it. Last year, Novartis CEO Joe Jimenez indicated he was willing to sell the stake, the report noted....

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