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Lek Takeover: Novartis Could Raise Its Bid

Basel, 26 September - Novartis is willing to up its offer to SIT 98,000 (EUR 429.36) per Lek share, if KAD and SOD, the two largest shareholders of the pharma stock, give a written guarantee that they would vote for Lek statute changes at Friday's assembly and would sell their Lek stock in a public takeover bid, Novartis said in a press release on Friday.

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