Japanese drug maker Takeda agrees to buy Ireland's Shire


Japanese drugmaker Takeda has agreed to buy Shire Plc for 46 billion pounds in cash and stock - one of the biggest deals ever in the pharmaceuticals industry, the companies said in statements Tuesday. Takeda will pay the equivalent of 49.01 pounds in cash and stock for each share of Shire, based on Takeda's closing share price on April 23, the day before a preliminary deal was announced.



from Biotech News