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Analysts Feel Price for Lek Takeover too Low for Big Shareholders

Ljubljana, 29 August - The takeover price that Swiss pharmaceutical giant Novartis has offered for the takeover of Slovenian drug maker Lek (SIT 95,000/EUR 417.3 a share) is quite low for big shareholders and solid for the smaller shareholders, Slovenian market analysts agree. While some said Thursday that the price should be set at SIT 100,000/EUR 439, others were convinced that it could even climb to SIT 120,000/EUR 527.

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