Takeda Pharmaceutical has made a bid for Shire that values the London-listed drugmaker at around $61 bn, two sources with direct knowledge of the matter told Reuters.
Britain’s GKN is in advanced talks over a merger of its automotive unit with Dana, a deal that would complicate Melrose’s hostile bid for the FTSE 100 company.
The pan-European STOXX 600 index climbed 0.4 percent, with the cyclicals-heavy DAX .GDAXI up 0.5 percent.
The pan-European STOXX 600 traded flat by 0825 GMT, but trading was rocked by sharp falls from Dutch firms SBM Offshore and Vopak.
The pan-European STOXX 600 index was up 0.1 percent, set for its second week of gains in a row.
At 0835 GMT, the pan-European STOXX 600 rose 0.6 percent to 397.43 points, a level last seen in August 2015.
The pan-European STOXX 600 index was down 0.1% but Spain’s IBEX benchmark rose, led by Caixabank and Banco de Sabadell, shares in which rose 4.2% and 3.6% respectively.
Cyber security breaches erode companies' share prices permanently, with financials the worst hit, a study has found.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment