Markets

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

Takeda is considering a new bid for Adderall drugmaker Shire, raising the share price to 47 British pounds (about $US66) per share up from 46.50 per share (about $US65), Bloomberg reported Friday. Shire has already turned down three offers from the Japanese pharmaceutical company, the last of which was a […]
Takeda’s considering turning up the heat on its bid for Shire
Markets

A bidding war for the maker of Adderall stalled out after just 4 hours

Shire rejected Takeda‘s $US60 billion takeover bid on Thursday morning. Allergan then confirmed it was “in the early stages of considering a possible offer” for Shire, potentially creating a bidding war for the $US50 billion drugmaker. That sent Allergan’s stock price spiraling, down more than 8%. Allergan said Thursday afternoon […]
A bidding war for the maker of Adderall stalled out after just 4 hours