Hoechst supervisory board approves R-P merger
08 December 1998 17:42 [Source: ICIS news]
LONDON (CNI)--Hoechst's supervisory board has approved the demerger of the group and the merger of its life sciences operations with those of French group Rhone-Poulenc, the German pharmaceuticals and chemicals giant announced Tuesday.
Hoechst's management said it will present the demerger and merger proposals for approval by shareholders at the annual general meeting on 4 May 1999.
By: Patrick Reynolds
+44 208 652 3214
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