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Teva-Generic Pharmaceutical Products Portfolio &
Watson Pharmaceuticals Inc
Update Date: 12/29/08
Date Announced: 11/25/08
Value (million $USD): 36.0 million U.S. Dollar
143.3 million Israeli Shekel
Status: Pending
TRANSACTION DETAILS
Date Announced11/25/08
Date Originally Announced11/25/08
FormatAcq. of AssetsAcquisition techniquesDivestiture
AttitudeFriendlyAgencyn/a
Value36.0 million U.S. Dollar
143.3 million Israeli Shekel
Advisor Feesn/a
SYNOPSIS
ISRAEL - Watson Pharmaceuticals Inc of the US definitively agreed to acquire the generic pharmaceutical products portfolio of Teva Pharmaceutical Industries Ltd, a manufacturer of pharmaceutical products, for 143.28 mil Israeli shekels ($36 mil US).
TARGET
NameTeva-Generic Pharmaceutical Products Portfolio
IndustriesMedicinal chemicals and botanical products; Biological products, except diagnostic substances
Cityn/a
Staten/a
NationIsrael
Incorporated inn/a
Public StatusSubsidiary
Business DescriptionThe generic pharmaceutical products portfolio of Teva Pharmaceutical Industries Ltd, located in Israel, is manufactures pharmaceutical products. Its key products in the portfolio include Cyclosporine Capsules and Liquid, Desmopressin Acetate Tablets, Glipizide/Metformin HCL Tablets, Mirtazapine Orally Disintegrating Tablets and Metoclopramide HCL Tablets.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameWatson Pharmaceuticals Inc (WPI)
IndustriesMedicinal chemicals and botanical products; Biological products, except diagnostic substances
CityCorona
StateCA
NationUnited States
Incorporated inNV
Public StatusPublic
Business DescriptionWatson Pharmaceuticals Inc, located in Corona, California, is a pharmaceutical manufacturing firm. It develops, manufactures, markets, sells and distributes generic and specialty brand pharmaceutical products. The company was founded in 1984.
AdvisorsNULL
Acquiror Sales2.52 billion U.S. Dollar
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