Mylan says Teva's stake buy violates U.S. anti-trust rules
Teva disclosed a 1.35 percent stake in Mylan last week.
"We consider Teva's stakebuilding as a further indication of its intention to meddle with our business, strategy and mission while remaining unclear as to its actual intentions," Mylan said in a letter addressed to Teva's chief executive, Erez Vigodman.(1.usa.gov/1Q0SxgC)
Mylan did not clarify which anti-trust rule Teva violated.
The two companies were not immediately available for comment.
Mylan said on Monday there was still no clarity whether Teva would make a formal offer, almost six weeks since Teva's offer for about $40 billion.
(Reporting by Anjali Rao Koppala in Bengaluru; Editing by Maju Samuel)
News source: Reuters ![]()
Related news: Mylan says Teva's stake buy violates U.S. anti-trust rules
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