Takeda's considering turning up the heat on its bid for Shire

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Takeda's considering turning up the heat on its bid for Shire

Christophe Weber, Takeda

REUTERS/Issei Kato

Takeda CEO Christophe Weber

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  • Takeda is considering a new bid for Adderall drugmaker Shire, raising the share price to 47 British pounds (about $66) per share up from 46.50 per share (about $65), Bloomberg reported Friday.
  • Shire has already turned down three offers from the Japanese pharmaceutical company, the last of which was a 50% premium on Shire's stock price on March 27
  • Interest in Shire almost turned into a bidding war between Takeda and Allergan before Allergan pulled out just four hours after initially expressing interest in a potential deal.

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