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Teva bought its 4.6% stake in Mylan at prices of $69-74 per share. the share price is down sharply in premarket trading.
The deal, the largest ever acquisition by an Israeli company, is in cash and shares.
Teva will pay over $45 billion for the botox maker unit, report the "Wall Street Journal."
Dutch Stichting Foundation notified Mylan that it has exercised its call option to acquire 488, 388, 431 Mylan preferred shares pursuant to the...
The groups told the US FTC: Increased consolidation has already led to higher prices and to generic drug shortages.
As Israel’s biggest company Teva strives to get even bigger by swallowing up rival Mylan for more than $40 billion, further down the food...
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) CEO Erez Vigodman said today, “If the Mylan Pharmaceuticals shareholders support the acquisition of...
Erez Vigodman: Size isn't everything; it's important to be better.
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has completed first step to buy its rival Mylan N.V. (Nasdaq: MYL). The Israeli giant announced...
Teva says it will seek ‘further appellate review’