Sunday, 11 January 2015

A sort of weekend newspaper review

The biggest deal of the weekend never made it into any of the Sunday papers - Shire's $5.2 billion acquisition of US biopharmaceutical company NPS.

I dropped a big hint when I was working at The Sunday Times late last year that Shire was going to hit the acquisition trail and look at NPS again after AbbVie botched its merger deal. Here is a link to that piece: http://www.thesundaytimes.co.uk/sto/business/Companies/article1472664.ece

To be fair, though, it was actually FT Alphaville that first revealed Shire's interest in NPS back in May 2014, so hat tips all round to the reporter (I suspect Bryce Elder or Paul Murphy) for landing that scoop. Here is a link to that story: http://www.ft.com/cms/s/0/3c56967e-99b5-11e4-93c1-00144feabdc0.html#axzz3OXYLgWdj

Elsewhere today, Ben Martin of The Sunday Telegraph got a decent story from Richard Bernstein, who runs activist fund Crystal Amber. Ben quotes Bernstein as saying IAG, owner of British Airways and Iberia, needs to pay EURO 3.00 for Aer Lingus. Here is a link to Ben's story:

http://www.telegraph.co.uk/finance/newsbysector/transport/11337250/IAG-may-have-to-pay-as-much-as-1.6bn-for-Aer-Lingus-says-activist.html

No comments:

Post a comment