💊Takeda Statement Regarding Shire plc
Cambridge, Mass. April 19, 2018 and Osaka, Japan, April 19, 2018 –Takeda notes recent press speculation regarding Shire and confirms that on April 12 it made a revised proposal to the Board of Shire to acquire the entire issued and to be issued share capital of Shire for a price equivalent to £46.50 per share, comprised of £17.75 in cash (to be paid in US$) and £28.75 of new Takeda shares.
Takeda was subsequently notified that the Board of Shire had rejected its proposal. Discussions between the parties regarding a potential offer are ongoing.
https://www.takeda.com/newsroom/newsreleases/2018/takeda-statement-regarding-shire-plc/
Japan’s Takeda rejected in $60 billion takeover bid for Ireland’s Shire Group | The Japan Times
https://www.japantimes.co.jp/?post_type=news&p=1397010
Takeda’s $60bn offer for Shire rejected on low valuation – Nikkei Asian Review