The Traderszone Network

Published in TZ Latest News 25 July, 2015 by The TZ Newswire Staff

Teva nears deal for Allergan’s generic drugs unit: source

Jerusalem-based Teva, which has offered to buy Mylan for $40 billion, is now close to an agreement to acquire Dublin-based Allergan’s generic drugs unit for between $40 billion and $45 billion, the person said on Saturday. A deal could be announced as early as next week, the person said, cautioning that negotiations had not yet been completed and asking not to be identified because the discussions are confidential.