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Mylan's US$28.9b offer to fellow drugmaker

It has offered to buy Perrigo, which makes skin gels, nasal sprays and injectables

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Mylan has offered to buy fellow drugmaker Perrigo for US$28.9 billion, a deal that would create a powerhouse for generic medicine.

New York

MYLAN has offered to buy fellow drugmaker Perrigo for US$28.9 billion, a deal that would create a powerhouse for generic medicine.

Mylan, which makes about 1,400 medications, offered US$205 a share in cash and stock for Perrigo, according to a statement on Wednesday. That