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Genus plc, the British
world leading cattle genetics company has announced that it has reached
agreement t buy Sygen International
plc, a world leader in pig and shrimp genetics. Both companies are
quoted on the London Stock Exchange, which in itself must be a little
unusual for an animal breeding company to have a stock exchange listing,
an indication of their size. Sygen is the parent company of PIC International
[formerly the Pig Improvement Company]. Genus is a member of BLG.
The Genus Directors believe this creation of an even larger genetics company
will provide scope for applications to more species, economies of scale
and better geographical coverage. It will also allow research and development
programmes to be combined and, in turn, lead to increased efficiencies
and profitability. For more see www.genusplc.com
www.sygeninternational.com
and www.pic.com
[29Oct 05]
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