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MARKET EYE-TTK Healthcare jumps on hopes for units merger

* Shares in India's TTK Healthcare

jumped 17.7 percent after TTK Group bought out a 49.8 percent stake in its contraceptives joint venture TTK-LIG from Reckitt Benckiser Group PLC

for an undisclosed amount. * Investors expect TTK Group to merge TTK-LIG with TTK Healthcare, three dealers said. * T T Jagannathan, chairman of TTK Healthcare, confirmed the venture buyout process had been completed but told Reuters the group had not yet decided on any internal merger plans.

(abhishek.vishnoi@thomsonreuters.com/kaustubh.kulkarni@thomsonr

uters.com)