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Shire CEO Ornskov Doesn’t Exclude Possible Other Bids: FuW 2014-07-04 15:40:43.809 GMT
By Jan-Henrik Förster July 4 (Bloomberg) -- Shire Plc CEO Flemming Ornskov says co.’s board objected to AbbVie’s bid “very clearly,” Finanz und Wirtschaft reports, citing interview. Newspaper also cites Ornskov saying: * Another question is whether other companies consider a bid for Shire * Shire forecast to double revenue to $10b by 2020 is “moderate” * NOTE: June 27, Pfizer’s Failure Gives AbbVie Lessons in $46.5 Billion Shire Bid * NOTE: June 25, AbbVie CEO Won’t Rule Out Hostile Bid in Pursuit of Shire * Link to interview
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To contact the reporter on this story: Jan-Henrik Förster in Zurich at +41-44-224-4116 or jforster20@bloomberg.net To contact the editor responsible for this story: Mariajose Vera at +49-89-244478-803 or mvera1@bloomberg.net