RE: SeekingAlpha22 Jan 2019 18:03
'The company is “extremely cautious when it comes to any kind of megamerger,” Roche Chairman Christoph Franz told CNBC at the World Economic Forum in Davos, Switzerland. Not only are huge deals costly, money-wise, but integrating big buyouts costs time and effort that's "deviating you, maybe from some of your core activities, like, for example, research and development,” Franz told the network.
“That’s the reason why we are focusing on targeted ideas, outside our company, and then creating partnerships," Franz said, adding that in some cases Roche would do some small- or medium-sized deals.'
https://www.fiercepharma.com/pharma/roche-chairman-plans-to-avoid-megadeals-but-don-t-discount-smaller-m-a-cnbc