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Takeda gets Shire clearance from China

Sep. 14, 2018 4:10 AM ETShire PLC (SHPG) StockSHPG, TKPHF, TAKBy: Yoel Minkoff, SA News Editor15 Comments
  • Bringing it closer to becoming a global top 10 drugmaker, Takeda Pharmaceutical (TKPYY) has received approval from China's market regulator for its $62B acquisition of Shire (NASDAQ:SHPG).
  • The deal, which will be the largest overseas purchase by a Japanese company, has already received unconditional clearance from regulators in the U.S. and Brazil and awaits approval from Japan and the EU.
  • SHPG +1.6% premarket

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