Roche to take over Genentech for $47 billion

(AP) -- Swiss pharmaceutical giant Roche said Thursday it has agreed to buy California-based Genentech for $46.8 billion in a takeover described as the largest in Swiss corporate history.

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<p><a href="http://www.physorg.com/news156063630.html">Roche to take over Genentech for $47 billion</a></p> <p>(AP) -- Swiss pharmaceutical giant Roche said Thursday it has agreed to buy California-based Genentech for $46.8 billion in a takeover described as the largest in Swiss corporate history.</p>