Teva Pharmaceutical offers to buy Mylan for $31bn
Teva Pharmaceutical
New York - Arab Today
Teva Pharmaceutical Tuesday launched an unsolicited bid to buy Mylan for $31 billion in a transaction that would create a behemoth in generic drugs.
Teva's cash-and-stock bid would quash an unsolicited bid by Mylan earlier this month to acquire Perrigo for $28.9 billion. Teva said its bid amounted to superior value for Mylan shareholders compared with Mylan's approach to Perrigo.
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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