Procter & Gamble and Teva Pharmaceutical form consumer health care partnership
Client(s) Procter & Gamble Company, The
Jones Day advised The Procter & Gamble Company in its agreement with Teva Pharmaceutical Industries to create a partnership in consumer health care by bringing together both companies' existing over the counter medicines and complementary capabilities to accelerate growth. The markets included in this joint venture generated sales of more than $1 billion in 2010.
In addition to M&A representation, Jones Day provided antitrust, intellectual property, employee benefits, outsourcing, and real estate advice regarding this transaction.