Takeda renews bid to acquire Shire as deadline looms
Mid-afternoon on Tuesday, a tersely-worded statement from takeover target Shire (LSE: SHP) revealed the London-listed firm had received a fifth offer from Takeda Pharmaceutical (TYO: 4502).
Takeda confirmed the negotiation, while revealing no details. The Japanese drugmaker’s last offer, on Friday, valued the firm at £47 ($66) per share, or £44.3 billion in total.
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