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Teva gains standing to challenge Mylan poison pill

2015-06-19 15:52:18| Biotech - Topix.net

Teva Pharmaceutical Industries Ltd. has acquired a 4.61 percent stake in generic drug rival Mylan N.V., giving Teva standing to challenge Mylan's Dutch poison-pill defense against a hostile takeover.

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Teva Introduces Artist Series Collection Featuring Artwork by National Forest

2015-06-15 13:28:51| Footwear - Topix.net

A design firm and creative consultancy founded by artists and designers , National Forest brings their trademark bright, iconic and contemporary Californian aesthetic to these two new styles for men and women. As part of the Teva Artist Series, the exclusive National Forest collection will be available starting Launched in spring 2015, the Artist Series blends well-crafted sandals with imaginative design to honor the artists who bring Teva footwear to life, creating wearable works of art.

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Nova gets ratings boost; Heinz closing California plant; Teva ups Mylan stake

2015-06-13 08:28:49| Food - Topix.net

Fitch Ratings upgraded the rating on Nova Chemicals Corp.'s $1.7 billion in debt to BBB-minus and revised its rating outlook to stable from positive. Fitch said Nova has benefited from low-cost feedstocks at its Canadian plants, has strong cash balances, and has reduced its debt since being acquired in 2009 by International Petroleum Investment Co.

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Teva accuses Mylan of 'desperate attempt' to suppress bid

2015-06-08 19:51:18| Biotech - Topix.net

Teva Pharmaceutical says rival generic drugmaker Mylan is engaging in a "desperate attempt" to keep its board and shareholders from considering Teva's $40 billion-plus takeover offer. The claim, delivered Monday in a letter to Mylan, was the latest round of caustic barbs traded by the companies.

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Teva ups stake in Mylan

2015-06-06 01:23:39| Biotech - Topix.net

Teva Pharmaceutical Industries Ltd. has increased its stake in Mylan N.V. to about 2.2 percent , ramping up its acquisition plans and accumulating about 10.5 million shares in the company as of Thursday. Teva took a 1.8 percent stake in Mylan last week .

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