Bloomberg News

Perrigo Rises to Record in Tel Aviv, Closes Gap With U.S.

March 04, 2012

Perrigo Co. (PRGO) shares rose to their highest level on record in Tel Aviv, closing the price gap with U.S.-traded stock in the company.

The shares of the largest U.S. maker of generic over-the- counter drugs advanced 3.1 percent to 402 shekels, or the equivalent of $105.7, at the 4:30 p.m. close in Tel Aviv, the highest since the shares started trading in 2005. Perrigo closed at $105.8 in New York on March 2.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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