I see that London-listed Shire has finally formally announced its £22 billion takeover of US rival Baxalta.
Perhaps it's time to start a new series about another FTSE 100 pharmaceutical company's plans to pursue a "transformational" deal?
So, keep an eye on little old Betaville later this week...
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label Baxalta. Show all posts
Showing posts with label Baxalta. Show all posts
Monday, 11 January 2016
Sunday, 10 January 2016
Shire's next deal could be "transformational" - part 7
I had been wondering what happened to Shire's takeover of Baxalta after Bloomberg reported last weekend that the deal was expected to be announced last week.
Could there be a spanner in the works?
Could there be a spanner in the works?
Sunday, 3 January 2016
Shire's next deal could be "transformational" - part 6
It would appear the "dullest $30 billion bid battle in history" is drawing to a close.
Bloomberg yesterday reported that Shire and Baxalta could announce a deal, partly funded by cash, this week. Here is a link to the Bloomberg article:
http://www.bloomberg.com/news/articles/2016-01-03/shire-said-in-advanced-talks-to-acquire-u-s-drugmaker-baxalta
Bloomberg yesterday reported that Shire and Baxalta could announce a deal, partly funded by cash, this week. Here is a link to the Bloomberg article:
http://www.bloomberg.com/news/articles/2016-01-03/shire-said-in-advanced-talks-to-acquire-u-s-drugmaker-baxalta
Sunday, 20 December 2015
Sunday review
I thought dealmaking in the UK was about to slow down until the New Year but today it would appear I may have been proved wrong.
Jon Rees, deputy business editor on the Mail on Sunday, reveals that Comcast, the US media giant, is weighing an £11 billion pound takeover bid for ITV after holding talks with the FTSE 100-listed broadcaster.
Jon Rees, deputy business editor on the Mail on Sunday, reveals that Comcast, the US media giant, is weighing an £11 billion pound takeover bid for ITV after holding talks with the FTSE 100-listed broadcaster.
Monday, 2 November 2015
Dyax takeover rumour confirmed!
I take a lot of stick from readers, rival hacks and viewers of Tip TV when I talk about some of the more speculative bid stories towards the end of my segment.
However, it does seem worthwhile for viewers of the programme, especially when the the tale gets confirmed. For example, today FTSE 100-listed Shire said it is buying Dyax Corporation for almost $6 billion.
However, it does seem worthwhile for viewers of the programme, especially when the the tale gets confirmed. For example, today FTSE 100-listed Shire said it is buying Dyax Corporation for almost $6 billion.
Monday, 14 September 2015
Back on Tip TV talking about Hunting, Shire and M&A in the Lloyd's of London market
I got the opportunity to apologise to the charming Zak Mir for my irritability on the show a couple of weeks ago.
If your interested, click on the link below. Oh - and I also cover some of the stories from the weekend press and rumours doing the rounds on a Monday morning.
Friday, 4 September 2015
Shire's next deal could be "transformational" - part 5
Nils Pratley over at The Guardian today states Shire's attempt to buy US rival Baxalta is the "dullest $30 billion bid battle in history". Here is a link to Nils's excellent column:
http://www.theguardian.com/business/nils-pratley-on-finance/2015/sep/03/european-central-bank-gloom-suggests-qe2-horizon
http://www.theguardian.com/business/nils-pratley-on-finance/2015/sep/03/european-central-bank-gloom-suggests-qe2-horizon
Wednesday, 26 August 2015
Shire's next deal could be "transformational" - part 4
This latest global stockmarket rout seems to have had little impact on the booming M&A market, with Betfair announcing a £5 billion merger with Paddy Power this morning and Schlumberger striking a deal to purchase Cameron International in the US for $14.8 billion.
Those deals come after RSA agreed a £5.6 billion sale to Switzerland's Zurich earlier this week.
Those deals come after RSA agreed a £5.6 billion sale to Switzerland's Zurich earlier this week.
Tuesday, 4 August 2015
Shire's next deal could be "transformational" - part 3
I have just returned from a jolly nice lunch with an investment banker chum to discover that Shire has launched a $30 billion hostile takeover for US rival Baxalta - wow!
Here is a link to the press release:
http://www.investegate.co.uk/shire-plc--shp-/prn/shire-proposes-combination-with-baxalta/20150804123000P8565/
Here is a link to the press release:
http://www.investegate.co.uk/shire-plc--shp-/prn/shire-proposes-combination-with-baxalta/20150804123000P8565/
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