Takeda gets Japan’s approval for $62 billion Shire purchase

Takeda gets Japan’s approval for $62 billion Shire purchase

Takeda Pharmaceutical Co Ltd <4502.T> said on Thursday Japan’s Fair Trade Commission had approved its $62 billion acquisition of Shire Plc <SHP.L>, bringing the Japanese firm closer to sealing a deal that will make it a global top 10 drugmaker.

The deal, which will be the largest overseas purchase by a Japanese company, has already received unconditional clearance from regulators in the United States, Brazil and China.

(Reporting by Shashwat Awasthi in Bengaluru)


Published at Thu, 18 Oct 2018 00:12:44 -0700

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