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Teva to take $13m spanner from works to close $6.8bn Cephalon deal

This article was originally published in Scrip

Executive Summary

A minor divestment and the deal is done: Teva Pharmaceutical Industries has closed its $6.8 billion acquisition of Cephalon following the European Commission's approval of the deal conditional on Cephalon divesting a pipeline generic version of modafinil.

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