Shire

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US drugmaker AbbVie has been forced to retract comments by its chief executive about shareholder support for its bid for Shire after being caught out(...)

The acquisition of Cosmo will give Salix a tax efficient corporate structure.

Salix Pharmaceuticals, a US maker of drugs for gastrointestinal diseases, is to merge with Dublin-based Cosmo Technologies, in a deal aimed at lowe(...)

AbbVie increased its offer by about 11 per cent to £51.15 a share in cash and stock after meeting with Shire’s top shareholders, the drugmaker said today. Photographer: Simon Dawson/Bloomberg

US pharma group AbbVie made a fourth offer to buy Irish-headquartered rare drug company Shire, raising the price to about £30.1 billion (€38 billion) (...)

Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire . Photographer: JB Reed/Bloomberg News

US drugmaker AbbVie raised its offer for Shire to £51.15 a share on Tuesday, hoping to win over its reluctant target after an earlier offer was rejec(...)

 AbbVie, in its pursuit of drugmaker Shire, has hired some of the same advisers that Pfizer worked with in its failed push for AstraZeneca. Photo: Bloomberg

AbbVie, in its pursuit of drugmaker Shire, has hired some of the same advisers that Pfizer worked with in its failed push for AstraZeneca. Richard G(...)

Richard Pops, Alkermes chief executive, says that the company is not interested in being bought out as it nears the launch of new drugs.Photograph: Dara Mac Dónaill / THE IRISH TIMES

Dublin-based Alkermes has the low-tax domicile currently in vogue among multinational pharmaceutical companies but is not interested in being bought o(...)

Shire shareholders deserve a higher price than US drugmaker AbbVie is offering, given the company’s growth prospects, Shire’s chief executive officer (...)

TSB Banking Group surged 12 per cent on its first day of trading as Lloyds Banking Group sold a 35 per cent stake in the lender, more than initially planned. Photograph: Nick Ansell/PA Wire

European stocks were little changed yesterday, paring gains in the final minutes of trading, amid increased merger and acquisition activity. The Stox(...)

Tablets of Shire’s Adderall  are arranged in a Cambridge, Massachusetts pharmacy. The London-listed drugmaker has hired investment bank Citi as an adviser, expecting to receive takeover approaches. Photo: Bloomberg

London-listed drugmaker Shire has hired investment bank Citi as an adviser, expecting to receive takeover approaches following a wave of deals in the (...)

Pfizer’s plan to move its domicile to Britain by acquiring AstraZeneca would lower its taxes. Photograph: getty images

Rumours about a massive healthcare deal were circulating in industry circles, months before Pfizer disclosed its $100 billion pursuit of Britain’s Ast(...)

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