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Japan's Shionogi (OTCPK:SGIOF) to acquire U.S. peer Sciele Pharma (SCRX) for $1.1B, or $31/share...

Sep. 01, 2008 11:22 AM ETShionogi & Co., Ltd. (SGIOF) StockSCRX, SGIOF, TKPHYBy: Eli Hoffmann, SA News Editor
Japan's Shionogi (OTCPK:SGIOF) to acquire U.S. peer Sciele Pharma (SCRX) for $1.1B, or $31/share - a 61% premium. Follows similar moves deals by Takeda (OTC:TKPHY) and Daiichi Sankyo (OTCPK:DSKYF).

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