Teva Announces Agreement to Divest Teva-Takeda, its Business Venture in Japan
TEVA(TEVA) GlobeNewswire News Room·2024-12-06 07:00
Teva entered into an agreement with JKI Co., Ltd. (“JKI”) established by the fund managed and operated by private equity firm J-Will Partners Co., Ltd. ("J-Will”), through which JKI will acquire Teva-TakedaThe agreement is aligned with Teva's Pivot to Growth strategy to focus its businessThe expected divestment of Teva-Takeda, Teva's business venture in Japan, which includes generics products and legacy products, will allow Teva to focus on bringing its innovative medicines to the Japanese market TEL AVIV, ...