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Takeda lifts Shire takeover bid again

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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.

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