Shire rises amid speculation of takeover by Takeda - report
28 MAR 2018
Shares in Shire [LON:SHP] rose yesterday, 27 March, amid fresh city chatter suggesting a potential takeover of the Dublin-headquartered biotech could be on the cards, The Daily Telegraph reported.
Japan-based Takeda Pharmaceutical [TYO:4502] was linked by traders to a deal for Shire, the report said.
Shire ended the day’s trading at 3070p, up 116.5p, giving the business a GBP 26.7bn (USD 37.9bn) market cap.