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Invest in Israel Newsletter March 2010 Edition

VC Cafe

Israel’s central bank, Morgan Stanley and other financial institutions have forecasted 3.5% US drug powerhouse Pfizer and Iceland-based Actavis were among the bidders in the final round, but Teva beat their offers. The deal is expected to capture significant synergies for Teva. Net-Aye is a subsidiary of Bar-Tec Ltd.

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