Keyword: Allergan

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Delaware Judge Fast-tracks Valeant Suit Over Allergan Meeting

29.08.2014 - A judge in the US state of Delaware has granted a request by Valeant Pharmaceuticals International and Pershing Square Capital Management, the investment vehicle of activist...

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Ackman, Other Allergan Shareholders, Ask for Special Meeting

27.08.2014 - Led by the company's largest shareholder, Bill Ackman, investors owning 31% of Botox manufacturer Allergan have called for a special shareholder meeting. Ackman's investment...

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Allergan Said Seeking Deal with Salix to Fend off Valeant

20.08.2014 - The share price of US drugmaker Salix Pharmaceuticals gained 16% on August 19 following a Wall Street Journal report that it and at least one other company have been approached by...

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Allergan to Cut 13% of Jobs in Fight Against Valeant

23.07.2014 - US pharmaceutical producer Allergan, fighting a hostile bid from Quebec-based rival Valeant, has said it plans to cut 1,500 job or 13% of its workforce as part of a restructuring...

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Shire Rejects AbbVie's £27 Billion Takeover Bid

24.06.2014 - British drugmaker Shire has rejected a £27 billion ($46 billion) takeover offer from AbbVie, the latest attempt by a US healthcare firm to tap into lower tax rates abroad via an...

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Valeant Begins Exchange Offer for Allergan

19.06.2014 - Canada's Valeant Pharmaceuticals is taking its hostile $50.8 billion bid to acquire Botox manufacturer Allergan directly to shareholders. Backed by activist shareholder Bill Ackman...

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Nestle Boosts Skincare Business With Valeant Deal

30.05.2014 - Swiss food group Nestle has accelerated a push into the fast-growing skincare market, buying the rights to several injectable treatments for facial wrinkles and lines from Valeant...

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New Valeant Bid Values Allergan at $49.44 Billion

29.05.2014 - As expected, Canadian drugmaker Valeant Pharmaceuticals International raised the cash component of its offer for Botox manufacturer Allergan on May 28. Its new offer values the US...