HALISTER: Teva Wins U.S. Approval to Buy Actavis After Selling Generics

Teva Wins U.S. Approval to Buy Actavis After Selling Generics

(Bloomberg) -- Teva Pharmaceutical agreed to sell rights and assets related to 79 products to settle FTC claims that proposed acquisition of Allergan’s generic business would be anticompetitive.
  • Remedy requires Teva to divest drug portfolio to 11 rival firms
  • Marks largest drug divestiture order in an FTC pharmaceutical merger case
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
TEVA IT (Teva Pharmaceutical Industries Ltd)
AGN US (Allergan plc)

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UUID: 7947283

HALISTER1: U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

(Bloomberg) -- Federal Open Market Committee seen maintaining benchmark interest rate with 0.25% lower bound, 0.50% upper bound.
  • Market assigning 10% probability of rate increase today, 0% probability of rate cut, according to data compiled by Bloomberg
    • See also Decision Day Guide
    • See also Treasury Auctions, Eurodollars Show Markets Wary of FOMC Meeting
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word DC - Foreign Policy

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UUID: 7947283