written on 04.04.2014

Meda spurns Mylan takeover bid


Just four months after closing its $1.75 billion acquisition of Agila Specialities, generic drug maker Mylan is eyeing another takeover candidate–Sweden&#39;s Meda AB. Pennsylvania-based Mylan is talking with advisers about a takeover bid that could be made at a &quot;significant premium&quot; to Meda&#39;s $4.5 billion market value, according to sources quoted by the <em>Financial Times</em>.