+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Takeda's considering turning up the heat on its bid for Shire

Apr 20, 2018, 19:04 IST

REUTERS/Issei Kato

Advertisement
  • Takeda is considering a new bid for Adderall drugmaker Shire, raising the share price to 47 British pounds (about $66) per share up from 46.50 per share (about $65), Bloomberg reported Friday.
  • Shire has already turned down three offers from the Japanese pharmaceutical company, the last of which was a 50% premium on Shire's stock price on March 27
  • Interest in Shire almost turned into a bidding war between Takeda and Allergan before Allergan pulled out just four hours after initially expressing interest in a potential deal.

Markets Insider

NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article