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Shire makes $30bn hostile offer for Baxalta; finalized at $32bn

Executive Summary

Shire PLC took an unsolicited offer to acquire newly public Baxalta Inc. directly to Baxalta's board: Shire would issue 0.1687 ADRs for each Baxalta share, valuing the deal at $30bn or approximately $44.06 per share (a 39% premium). Upon closing, Baxalta would own 37% of the combined company, but within two years Shire plans to repurchase up to 13% of the combined shares via a share buyback.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Stock
    • Includes Contract
    • Full Acquisition

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