Reports: Mylan eyes $4.5B Meda


Pharmaceuticals company Mylan (MYL) is reportedly formulating a largely stock offer to acquire Swedish drug maker Meda (MDABF), which has a market cap of $4.5B, although the U.S. company would probably offer a substantial premium.

A deal could slash Mylan's tax bill if more than 20% of its shares were to be transferred to foreign owners.

The drugs that Mylan would receive include therapies for rheumatoid arthritis, women's health and respiratory disorders.

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  • joezapp
    , contributor
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    Two years later, the deal is announced.
    10 Feb, 04:51 PM Reply Like
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