Takeda To Unlock More Cash As It Preps For Shire
Executive Summary
Takeda is aiming to free up more cash through asset disposals to help fund its planned acquisition of Shire.
You may also be interested in...
Deerfield To Go As Takeda Plans Realignment Of Post-Shire US Ops
Takeda is to close down and relocate one of its main US sites, with unspecified job losses, as it plans post-Shire restructuring, while in Japan vocal opposition to the acquisition rises.
Mehta Analysis: Takeda and AllianceBernstein Moves Contain A Message For Pharma
Buying Shire gives Takeda the chance to exploit global tax benefits and gain other profit-promoting advantages through integrating with Shire's differently focused business. Outside of pharma, business model rationales are changing rapidly, and old certainties cannot be taken for granted. Pharma would ignore the wider revolution at its peril, and Takeda's move is a step in the right direction, argues Viren Mehta, founding partner of Mehta Partners LLC.
Takeda Secures TiGenix But Investor Shire Concerns Bubble Up
Takeda has closed its $630m acquisition of European regenerative medicine company TiGenix following a successful bid process, but is facing new pressure from a group of shareholders in Japan concerned about its planned purchase of Shire – valued at around 100 times that amount.