Irish-based pharmaceuticals firm and takeover target Shire said Tuesday that Japanese drugs firm Takeda has lifted its informal bid again. “The board announces that it has received a revised proposal from Takeda regarding a possible offer for the company,” Shire said but did not reveal the price level. “The
Irish-based pharmaceuticals firm and takeover target Shire said Tuesday that Japanese drugs firm Takeda has lifted its informal bid again.
“The board announces that it has received a revised proposal from Takeda regarding a possible offer for the company,” Shire said but did not reveal the price level.
“The board is considering its position,” Shire added in the brief statement.
Last Friday, Takeda had increased its informal bid to £42.8 billion (48.9 billion euros, $60.1 billion) for Shire, which had already rejected its three previous overtures as too low.
