On Tuesday, Shares of Mylan N.V. (NASDAQ:MYL), lost -0.04% to $56.35.
Mylan issued the following statement regarding Teva’s (NYSE and TASE: TEVA) declarement of its entry into a contract to acquire Allergan’s Generic Drug Unit and its withdrawal of its unsolicited expression of interest to acquire Mylan.
Mylan Executive Chairman Robert J. Coury stated: “We congratulate Teva on their agreement to acquire Allergan’s generics business and welcome their continued, and potentially improved, commitment to the generics industry. As Teva continues to move forward with their strategy, Mylan’s planned focus remains unchanged.
“Mylan’s Board and leadership team remains steadfast in its commitment to our mission, vision and strategy to provide access to quality medicine to the world’s 7 billion people and deliver value and sustainable growth for our shareholders and other stakeholders. Our offer to acquire Perrigo continues to be the next natural step in this strategy. Combining Mylan and Perrigo will create a unique infrastructure that is able to maximize on evolving industry dynamics and capitalize on key trends. Further, the complementary cultures and strategies of these two businesses will enable us to redefine how healthcare is delivered and position our company for the future.
“We look forward to the next step in the process to make our combination with Perrigo a reality – the vote by Mylan shareholders to support this transaction – which we expect to occur in the next several weeks.”
Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide.
Shares of Hertz Global Holdings, Inc. (NYSE:HTZ), inclined 3.48% to $16.34, during its last trading session.
Hertz Global Holdings declared the introduction of the Porsche Macan Turbo to its Dream Cars collection, a line of ultra-high-end performance vehicles. This all-new luxury crossover SUV from Porsche joins other Porsche models accessible from Hertz, counting the 911, Panamera, Cayenne, Boxster and Cayman. Hertz’s exclusive Dream Cars collection also comprises luxury models from Mercedes-Benz, BMW, Land Rover, Jaguar and more.
“With the expansion of Hertz Dream Cars to comprise the turbo variant of this extremely popular, bold crossover SUV, we are bringing customers the best options accessible in luxury cars,” said Tom Frese, Senior Vice President, Fleet and Procurement. “Hertz is ongoing to redefine the premium car rental experience, offering a truly unique selection of the finest vehicles on the planet.”
Hertz Global Holdings, Inc., through its auxiliaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
Finally, AECOM (NYSE:ACM), ended its last trade with 2% gain, and closed at $30.14.
AECOM declared that U.S. Air Force stepped down Gen. Janet C. Wolfenbarger will join its Board of Directors effective Aug. 1.
A 35-year veteran of the Air Force and the branch’s first four-star female general, Wolfenbarger commanded the Air Force Materiel Command (AFMC) at Wright-Patterson Air Force Base in Ohio from 2012 until her retirement on July 1, 2015. Among the Air Force’s largest major commands, the AFMC employs roughly 80,000 people and manages $60 billion annually in its efforts globally to maintain Air Force preparedness. Wolfenbarger was also the vice commander and director of the AFMC Intelligence and Requirements Directorate at Wright-Patterson AFB.
As part of a decorated and pioneering military career, which comprised of being among the first female cadets accepted into the Air Force Academy in 1976, Wolfenbarger served as the military deputy to the Assistant Secretary of the Air Force for Acquisition and as the service’s director of the Acquisition Center of Excellence at the Pentagon. She also directed the B-2 System Program Office and commanded the C-17 Systems Group for the Aeronautical Systems Center at Wright-Patterson.
AECOM, together with its auxiliaries, provides professional technical and administration support services for public and private clients worldwide. The company operates through two segments, Professional Technical Services (PTS) and Administration Support Services (MSS).
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