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Watson Pharmaceuticals (WPI +0.1%) is close to announcing a $5.6B deal for Actavis by Wednesday,...

Watson Pharmaceuticals (WPI +0.1%) is close to announcing a $5.6B deal for Actavis by Wednesday, according to sources. The deal is an important one for Deutsche Bank (DB -3.6%), which was left holding billions of euros of Actavis debt after a leveraged buyout in 2007.
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