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Mergers & Acquisitions
Takeda considers a takeover of Shire
by Ryan Cross
April 2, 2018
| A version of this story appeared in
Volume 96, Issue 14
Takeda Pharmaceutical says it is considering making a takeover offer for Shire, well-known for its rare disease and attention-deficit/hyperactivity disorder drugs. Takeda says the move would reinforce its oncology, gastrointestinal, and neuroscience drug programs. Shire’s shares soared 18% on the news. Shire, whose market capitalization is more than $45 billion—slightly higher than Takeda’s—says it has yet to receive an offer from the Japanese firm.
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