It is nearly seven years since Mylan was left at the altar after an attempted $26 billion hostile takeover of publicly traded pharmaceutical manufacturer Perrigo. But the fallout continues in the courts. Perrigo’s investors were far from happy with the global healthcare giant and its executive team at the time, since mired in nearly 30 securities actions including a class action for damages brought by investors in the US. The obvious question is who foots the bill for all this litigation? Not Perrigo’s insurers; or at least that’s the position so far. Ten major insurance companies including Chubb, AIG, Allianz, and…
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