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Merck in Talks to Buy Indian Pharmaceutical Ingredients Maker Micro Labs - Report

Merck & Co. Inc. (MRK) is in talks to acquire Indian active pharmaceutical ingredients maker Micro Labs Ltd., the Financial Express reported Thursday, citing an unidentified person aware of the matter. The newspaper said Bangalore-based Micro Labs is a privately held company, founded and run by the Surana family. Micro Labs aims to achieve sales of about $1 billion by 2015, the report said, citing the company's website. A Merck India spokesperson declined to comment to the newspaper on any possible deal. Newspaper website: http://www.financialexpress.com Write to djn.in@dowjones.com

Stock News for Merck (MRK)
DateTimeHeadline
02/26/201506:22:50Bayer Reiterates Plans to Divest Plastics Business -- 2nd Update
02/26/201504:15:10Bayer Profit Falls Sharply as Costs Bite --Update
02/26/201502:24:11Bayer Profit Falls Sharply as Costs Bite
02/25/201518:15:21Generic Copies of Remicade Go on Sale in Europe
02/23/201513:26:25Merck to Team With NGM to Develop Diabetes and Obesity Treatments...
02/23/201513:21:26Merck to Team With NGM to Develop Diabetes Treatment
02/20/201511:04:10Former Merck Analyst Pleads Guilty to Insider Trading Charges

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