UPDATE 1-Novartis sells its Roche stake to Roche for $20.7 bln - NewsBreak

ZURICH, Nov 4 (Reuters) - Novartis AG, a shareholder in Roche for more than 20 years, said on Thursday the two Swiss drugmakers had agreed that Roche would buy Novartis's nearly one-third voting stake in its cross-town rival for $20.7 billion. Novartis has agreed to sell 53.3 million Roche bearer...