Takeda sweetens $60 billion Shire pitch as rival bows out [CNN]
SHIRE (SHPG)
Last shire earnings: 11/1 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.shire.com
Company Research
Source: CNN
Takeda sweetens $60 billion Shire pitch as rival bows out Japanese pharmaceutical company Takeda took a fourth try at buying Shire on Friday, less than 24 hours after a potential rival bidder ruled itself out of a tug-of-war for the biotech firm. Takeda's ( TKPYY ) new offer of £42.9 billion ($60 billion) is only a tad higher than its third approach, which, like two previous proposals, was rebuffed by Shire ( SHPG ) . But it could be more attractive since it includes more cash and less stock. Dublin-based Allergan ( AGN ) said Thursday it was "in the early stages of considering a possible offer for Shire." Then later that day it had a change of heart, announcing that it did not intend to make an offer. The back and forth between the companies caused gyrations in pharmaceutical stocks this week. On Thursday, Shire's shares shot up by as much as 12% in London trading as investors hoped for a bidding war. They closed up nearly 6%, but were dipping on Friday Allergan's stock in
Show less
Read more
Impact Snapshot
Event Time:
SHPG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHPG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHPG alerts
High impacting SHIRE news events
Weekly update
A roundup of the hottest topics