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AbbVie Cites Tax Break as a Shire Deal Motivator

2014-06-25 20:09:53| Biotech - Topix.net

U.S. drugmaker AbbVie sees a compelling tax break behind its roughly $46 billion bid to buy British counterpart Shire, and it expects the deal to expand Shire's global reach as well.

Tags: break tax deal cites

 

AbbVie cites tax break as motivator for Shire deal

2014-06-25 17:59:47| Biotech - Topix.net

U.S. drugmaker AbbVie says it sees a compelling tax break behind its roughly $46 billion bid to buy British counterpart Shire, and it expects the deal to expand Shire's global reach as well.

Tags: break tax deal cites

 
 

Shire forecasts $10bn sales by 2020

2014-06-23 17:09:35| BBC News | Business | UK Edition

British drugs firm Shire has said it expects to double its current product sales to $10bn by 2020 as it tries to fend off a $46bn (27bn) bid from US rival AbbVie.

Tags: sales forecasts shire sales forecasts

 

AbbVie's Gonzalez Seeks Instant Diversity in Drive to Buy Shire

2014-06-23 06:34:52| Biotech - Topix.net

AbbVie Inc. Chief Executive Officer Richard Gonzalez spent three decades at Abbott Laboratories, a company known for the diversity of its products, from drugs to medical devices and diagnostics.

Tags: buy drive instant diversity

 

Shire Snubbing AbbVie Makes It Latest Pharma Target: Real M&A

2014-06-21 22:12:30| Biotech - Topix.net

AbbVie Inc. earlier this week revealed a $46.5 billion takeover bid for Shire in the first public acquisition approach for the specialty drugmaker after years of takeover speculation.

Tags: real ma latest makes

 

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