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Teva Adds Needed LatAm Puzzle Piece With Rimsa Buy

This article was originally published in Scrip

Executive Summary

Teva Pharmaceutical Industries Ltd seems to have outbid a number of rivals to win Mexican drugmaker Rimsa for $2.3bn cash, a move which will bolster the Israeli generics giant's presence in Latin America and position it for further acquisitions in that fast growing region.

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