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Bayer HealthCare completes the acquisition of Teva's (TEVA +0.1%) U.S.-based animal health...

Bayer HealthCare completes the acquisition of Teva's (TEVA +0.1%) U.S.-based animal health business after receiving the necessary regulatory approvals. Teva will receive up to $145M following the achievement of manufacturing and sales targets. The sale is no doubt part of the Israeli company's restructuring.
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