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Drug maker Shire rejects offer from AbbVie

2014-06-20 13:50:41| Biotech - Topix.net

The company said in a statement Friday that U.S.-based AbbVie's proposal was for 20.44 pounds and 0.7988 shares per Shire share.

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Shire shares soar on rejected bid

2014-06-20 12:30:33| BBC News | Business | UK Edition

Shares in British pharmaceutical firm Shire soar as much as 13% after the company rejects a 27bn takeover bid from US drug giant AbbVie.

Tags: bid shares rejected shire

 
 

Shire faces tougher task playing defence than AstraZeneca

2014-06-19 10:28:04| Biotech - Topix.net

Drug maker Shire's $35-billion market cap puts it within the sights of a wider range of possible acquirers, such as Amgen or Bristol-Myers Squibb, whereas rival Astra failed to attract another suitor.

Tags: playing task faces defence

 

Shire PLC Buying Lumena for $260 Million

2014-05-12 21:55:23| Biotech - Topix.net

Irish drugmaker Shire said Monday it will buy privately-held Lumena Pharmaceuticals for more than $260 million in a deal that gives Shire new experimental treatments for liver diseases.

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London Markets: U.K. stocks advance, but Shire loses grip of gains

2014-04-29 22:48:08| Biotech - Topix.net

Stocks in the U.K. rose Tuesday, with the FTSE 100 benefitting from gains in BP PLC shares, but Shire PLC was knocked off the list of advancers as prospects of a takeover offer for the biopharmaceutical firm dimmed.

Tags: london advance markets stocks

 

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