No sale for Novartis' $14B Roche stake, but the revamp's not done

12th October 2017 Uncategorised 0

Novartis has decided to put its $14 billion Roche stake back on the closet shelf, Chairman Joerg Reinhardt told a Swiss newspaper Wednesday. The Roche shares were tabbed for potential sale in a strategic review that’s likely to continue as the company’s new CEO, Vas Narasimhan, moves to the helm next year.

More: No sale for Novartis' B Roche stake, but the revamp's not done
Source: fierce