Takeda Wins Battle for Shire With $62 Billion Deal

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Takeda Pharmaceutical Co. reached an agreement to buy Shire PLC. This ends a long battle for control of the European drugmaker and marks the biggest-ever overseas acquisition by a Japanese company.

 

Shire’s board agreed Takeda could buy it at $66.21 a share in a deal that valued the target at $62B. Both companies still need shareholders to sign off.

 

Read the full article at wsj.com…

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