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Underwriters buy additional $658 mln in Teva Pharm shares

2016-01-03 12:51:22| Biotech - Topix.net

Jan 3 The underwriters for Teva Pharmaceutical Industries' share offering last month have exercised their over-allotment option to purchase additional shares worth $658 million. Teva, the world's biggest generic drugmaker, will use the funds to finance the cash portion of its planned $40.5 billion purchase of Allergan PLC's Actavis generics business.

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Category:Biotechnology and Pharmaceuticals

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