EC extends deadline on decision for Teva's takeover of Barr
The European Commission has extended the deadline for an anti-trust decision on the planned $7.46-billion takeover of the USA's Barr Pharmaceuticals by Israeli generic giant Teva, by 14 days to December 22. Fellow US firm Watson has made a deal to acquire some of Barr's products under a deal that is likely to allay antitrust concern by the Commission (Marketletter December 1).
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