CANONSBURG (dpa-AFX) - Teva Pharmaceutical Industries Ltd. (TEVA) is preparing an unsolicited offer for Mylan NV.(MYL), Bloomberg reported citing people familiar with the matter.
According to the report, Teva could make a public bid for Mylan as soon as Tuesday. Teva is working with Barclays Plc on the approach and has contacted other banks about financing any potential deal.
Teva is still finalizing details of the bid, and it's possible it won't proceed, the report said.
Copyright RTT News/dpa-AFX