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Sun Pharma to buy Ranbaxy in $3bn deal

India’s Sun Pharmaceutical is taking over domestic rival Ranbaxy Laboratories from its Japanese owner, which struggled for years to turn around the company, in a deal valued at just over three billion dollars. http://online.wsj.com/news/articles/SB10001424052702304819004579486283615862624?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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