There are now just three contenders for Merck KGaA's generic drugs business, which is up for sale with a price tag of 4.0-5.0 billion euros ($5.4-$6.8 billion) and has seen several companies pull out of the auction (Marketletters passim). According to the local business newspaper Handelsblatt, the remaining bidders are Germany's Stada, Israel's Teva and Mylan of the USA.
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