+------------------------------------------------------------------------------+
BN 08/24 19:02 *ROCHE SAID TO STRIKE INTERMUNE DEAL INSTEAD OF BID FOR CHUGAI BN 08/24 19:02 *ROCHE SAID TO HAVE CONSIDERED BIDDING FOR ALMOST 40% OF CHUGAI BN 08/24 19:02 *CHUGAI MGMT SAID TO HAVE SIGNALED OPPOSITION TO ROCHE BID BFW 08/24 19:02 *ROCHE SAID TO HAVE DECIDED AGAINST BID FOR REST OF CHUGAI
+------------------------------------------------------------------------------+
Roche Said to Have Decided Against Bid for Rest of Chugai 2014-08-24 19:08:10.286 GMT
By Brad Skillman Aug. 24 (Bloomberg) -- Chugai said to have signaled opposition to Roche bid * Roche said to have considered bidding for almost 40% of Chugai stake it didn’t own, struck Intermune deal instead * NOTE: Roche to Buy Intermune for $74/Shr, 63% Premium From 8/12 {NSN NATMZE6KLVR5<Go>} * Related story: {NSN NATS8X6K50XT<Go>}
Link to Company News:{4519 JP <Equity> CN <GO>} Link to Company News:{ITMN US <Equity> CN <GO>} Link to Company News:{ROG VX <Equity> CN <GO>}
For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story: Brad Skillman at +1-212-617-2763 or bskillman1@bloomberg.net