DUBLIN, Sept. 14, 2015 /PRNewswire/ -- Perrigo Company plc ("Perrigo") (NYSE: PRGO ; TASE) today confirmed that Mylan N.V. ("Mylan") (NASDAQ: MYL ) has commenced an unsolicited exchange offer to acquire all of the issued and to be issued ordinary shares of Perrigo. Shareholders are strongly advised to take no action in relation to the offer at this time pending the Board's review. The Board of Perrigo will assess Mylan's offer and advise Perrigo shareholders of its recommendation regarding the exchange offer within 10 business days by making available to shareholders and filing with the U.S. Securities and Exchange Commission a solicitation/recommendation statement on Schedule 14D-9 and in accordance with Rule 25 of the Irish Takeover Rules. Applicable securities laws restrict Perrigo's ability to comment on Mylan's offer until after its Schedule 14D-9 has been filed. Irish Takeover Rules The directors of Perrigo accept responsibility for the information contained in this announcement.