Published On:
Thu, Aug 13th, 2015
Mylan might make do with only 50% of Perrigo
Mylan could settle for buying control of Perrigo, rather than full ownership, keeping Perrigo listed on the TASE.
Generic pharmaceutical company Mylan N.V. (MYL) today officially announced a reduction in the approval requirement for the Perrigo Company (NYSE:PRGO; TASE:PRGO) deal from 80% to 50%. This means that under certain circumstances, Mylan could settle for acquiring control of Perrigo, without acquiring full ownership of the company.
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Published by Globes [online], Israel business news – www.globes-online.com
Read more about: Business/Finance, Health/Medical/Pharmaceuticals, Israel, Mylan N.V., Mylan’, Perrigo Company, Pharmaceutical Industry