Seeking Alpha

Shionogi & Co. (SGIOF.PK)

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Market Currents

  • Monday, September 1, 2008

  • 11:22 AM Japan's Shionogi (SGIOF.PK) to acquire U.S. peer Sciele Pharma (SCRX) for $1.1B, or $31/share - a 61% premium. Follows similar moves deals by Takeda (TKPHY.PK) and Daiichi Sankyo (DSKYF.PK). Comment!