Word: uclaf
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Dates: during 1970-1979
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...played the part with particular bravura in Britain and France. Climaxing a long contest, they outbid the U.S.'s Sherwin-Williams Co. to win a controlling interest in Berger, Jenson & Nicholson Ltd., a major British paint producer. In France, Hoechst executives encouraged a merger of two concerns, Roussel-Uclaf and Centrale de Dynamite, which together sell about $200 million worth of Pharmaceuticals a year -or almost as much as Rhone-Pou-lenc, the French pharmaceutical leader. Hoechst has ties to both concerns and will come out owning 20% to 25% of the merged company...