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Aventis, Bayer end talks on biological venture
financial terms not reached
31.01.2003
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PARIS (AFX) - Aventis SA said it has ended it talks with Bayer AG to form a biological products joint venture. In a statement, Aventis said no financial terms were reached. Under the proposed venture, the companies had planned to combine Aventis' Aventis Behring unit with Bayer Healthcare's biological products division. Aventis said it is loking at alternatives for the future of Aventis Behring.