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Drug firm Teva bids $40bn for Mylan

2015-04-21 17:21:09| BBC News | Business | UK Edition

Generic drug company Teva proposes to buy rival Mylan in a deal that could be worth $40.1bn.

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Teva offers to buy Mylan in $40.1B cash-and-stock deal

2015-04-21 17:05:03| Biotech - Topix.net

Teva has offered to buy Mylan for about $40.1 billion in cash and stock in a deal that would create a powerhouse of generic drug development. If Teva manages to acquire Mylan under the offer announced Tuesday, it would help Teva secure a more dominant position as it would be taking Mylan off of a growing list of competitors.

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Teva shares slide on generic Copaxone fears

2015-04-20 00:21:19| Biotech - Topix.net

Teva Pharmaceutical Industries shares slid five percent on Sunday after U.S. regulators approved a generic version of its top-selling multiple sclerosis drug and amid reports it was mulling a bid for rival Mylan. Teva's Tel Aviv shares fell to 249.80 shekels late on Sunday, the first day of trading since both news hit the market on Thursday after Israel's market closed for the weekend.

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Rough Day For Wall Street; Mylan, Teva Pop on Deal Reports

2015-04-18 00:17:53| Toys - Topix.net

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Mylan skeptical of rumored Teva bid; hasn't received offer

2015-04-17 22:51:44| Biotech - Topix.net

Generic drugmaker Mylan, citing media speculation that Teva Pharmaceutical may be eyeing it as a takeover target, says it doubts that regulators would approve such a deal and says it is committed to its current strategy as a stand-alone company. In a news release Friday, Mylan said that it hasn't received an offer and described the idea that Teva might want to buy it as a rumor.

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