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Australia's Mayne Group to Consider Splitting Its Businesses

May 5, 2005

Mayne Group, Australia's largest maker of generic injectable drugs, will consider splitting its businesses. Mayne "is undertaking a strategic review to assess the merits of a demerger involving separate listings of its global pharmaceutical business and an entity focused on its domestic healthcare businesses," the Melbourne-based company said in a statement to the Australian Stock Exchange today.

Bloomberg (http://www.bloomberg.com/apps/news?pid=10000081&sid=ac734L4S53IQ&refer=australia)