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Sanofi extends USD 18.5 bn bid for Genzyme

Sanofi extends USD 18.5 bn bid for Genzyme

Rediff.com24 Jan 2011

Sanofi-aventis on Monday said it has extended its $18.5 billion offer for Genzyme for the second time, a move that will give the French drug-maker additional time to reach an agreement with US biotechnology firm.