Drugmaker Shire agrees to £32-bn takeover from AbbVie
Shire Pharmaceuticals has accepted a £32-billion (USD54-billion, 40-billion-euro) takeover bid from AbbVie, the two companies announced on Friday, in a deal aimed at slashing the US giant`s tax bill.
Jul 18, 2014, 16:33 PM ISTAbbVie urges Shire to enter takeover talks
US drugmaker AbbVie today said its 46 billion USD takeover bid for Shire Pharmaceuticals offered the Irish company a fat premium and the chance to become part of a global heavyweight.
Jun 26, 2014, 02:39 AM ISTDrugmaker Shire rejects 27 bn pound bid from US giant AbbVie
Shire Pharmaceuticals rejected Friday a £27-billion informal bid from US giant AbbVie, arguing that it "fundamentally" undervalued the group, in the latest blockbuster deal to hit the global drugs sector.
Jun 20, 2014, 15:30 PM IST