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Deals Rumor Mill: Teva, Petrobras, Thyssenkrupp

By Benjamin Horney ( August 16, 2017, 5:54 PM EDT) -- Teva Pharmaceutical Industries Ltd. is seeking to partner with other drugmakers to help fund some of the products it is developing, Reuters reported on Wednesday. The report cited an email sent by a Teva spokeswoman that said the company is looking for partners to help fund a "small part" of Teva's development pipeline. Teva is struggling underneath a $35 billion mountain of debt, according to reports from earlier this month. The company is also looking to sell off certain assets to try to pare down that debt....

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