Israel's Largest Pharmacy Chain in Talks to Buy Teva Plant for at Least $17 Million

Teva plans to cut its workforce by more than a quarter and give up many of its manufacturing plants, including the one in Ashdod, in a much-anticipated overhaul to help pay off its nearly $35 billion debt

Reuters
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Workers of Teva Pharmaceutical Industries stand at the entrance to their facility in Ashdod, Israel December 17, 2017.
Workers of Teva Pharmaceutical Industries stand at the entrance to their facility in Ashdod, Israel December 17, 2017.Credit: AMIR COHEN / REUTERS

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