Japan's Takeda says made unsuccessful USD 60bn bid for Shire

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AFP Tokyo
Last Updated : Apr 19 2018 | 6:30 PM IST

Japanese pharmaceutical giant Takeda said today it had made a takeover bid worth USD 60 billion for Ireland's Shire Group but that its offer was rejected.

"Takeda was subsequently notified that the board of Shire had rejected its proposal. Discussions between the parties regarding a potential offer are ongoing," the Japanese firm said in a statement.

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First Published: Apr 19 2018 | 6:30 PM IST

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