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Reuters talks to portfolio managers and strategists to find what's on the horizon. Learn how to position your portfolio in the year ahead.   Full Coverage 

Roche sees substantial synergies in Genentech deal

BASEL, Switzerland
Mon Jul 21, 2008 1:55am EDT

BASEL, Switzerland (Reuters) - Swiss drugmaker Roche Holding AG said on Monday it sees substantial synergies from the Genentech deal and that there would be no need for a capital increase.

The group said it was confident of putting together a consortium of banks to finance the $43.7 billion buy of all outstanding shares in its U.S. partner and that it sees no problems financing the deal.

(Reporting by Sam Cage)



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