Wednesday, 22 April 2015

Teva Proposes to Acquire Mylan for $82.00 Per Share in Cash and Stock

JERUSALEM, Apr 22 (Bernama-BUSINESS WIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced a proposal to acquire all of the outstanding shares of Mylan N.V. (NASDAQ: MYL) in a transaction valued at $82.00 per Mylan share, with the consideration to be comprised of approximately 50 percent cash and 50 percent stock. The Teva cash and stock proposal provides Mylan stockholders with a substantial premium and immediate cash value, as well as significant potential for future value creation through participation in a financially and commercially stronger company.

http://mrem.bernama.com/viewsm.php?idm=24263

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