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Merck aims to quickly repay loans for Sigma-Aldrich acquisition

2015-04-20 15:00:39| Chemicals - Topix.net

German pharmaceutical and chemical firm Merck plans to quickly repay up to $5 billion in loans it used to finance its purchase of Sigma-Aldrich in order to prepare for further acquisitions. Marcus Kuhnert , Merck's finance chief, told the Boersen-Zeitung newspaper that the company wants to reduce the loans "very aggressively within two to three years," Reuters reports.

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