Billionaire Businessman Looking to Take Stake in Debt-Ridden Teva
Shares of Teva Pharmaceuticals are up more than 5 percent this morning after Israeli media reported billionaire businessman Len Blavatnik is considering taking a large stock position in the pharma giant. Citing multiple Israeli media outlets, Reuters reported Blavatnik “has been examining a large share purchase in Teva.” According to reports, Blavatnik could invest up to $3 billion in Teva...
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