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Big pharma Watson may announce $6 billion deal for Actavis

Posted on 25 April 2012

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Big pharma Watson Pharmaceuticals Inc. (WPI) might announce a deal to buy Actavis for  around $6 billion on Wednesday, the Reuters news agency said Monday on its  website, citing unnamed sources familiar with the matter.

The deal, first reported in March, is likely to be valued at EUR 4.25 billion  ($5.6 billion), less than the expected EUR 5-5.5 billion, the report said,  citing a source.

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