Home › Actavis mulls job cuts, China expansion: Bloomberg
 

Keywords :   


Actavis mulls job cuts, China expansion: Bloomberg

2014-11-25 12:44:16| Biotech - Topix.net

Generic drugmaker Actavis Plc is planning to cut employees and expand in China, a Bloomberg report said citing an interview by Chief Executive Officer Brent Saunders on Bloomberg Television. Earlier in November, Botox maker Allergan Inc accepted a $66 billion takeover bid from Actavis, ending a seven-month hostile pursuit by activist investor William Ackman and Valeant Pharmaceuticals International Inc. Brent Saunders had said in the interview that there are overlaps in corporate functions, including human relations and finance, the report noted.

Tags: china job expansion cuts

Category:Biotechnology and Pharmaceuticals

Latest from this category

All news
»
30.09Eastern North Pacific Tropical Weather Outlook
30.09Tropical Depression Joyce Forecast Advisory Number 11
30.09California governor blocks landmark AI safety bill
30.09Tropical Storm Isaac Graphics
30.09Tropical Storm Isaac Forecast Discussion Number 17
30.09Tropical Storm Isaac Wind Speed Probabilities Number 17
30.09Tropical Storm Isaac Forecast Advisory Number 17
30.09Tropical Storm Isaac Public Advisory Number 17
More »