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Shareholder groups say Mylan deal requires vote; Kraft Heinz going to cage-free eggs
2016-03-02 16:21:56| Biotech - Topix.net
Two shareholder rights groups in Europe are challenging Mylan's pending acquisition of Swedish drug company Meda AB, saying the $9.9 billion deal announced Feb. 10 first needs to be approved by Mylan's shareholders. In a letter last week, the Dutch Investors' Association and the European Investors' Association contended Dutch law required the transaction be put to a vote.
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Category:Biotechnology and Pharmaceuticals
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