Takeda looking for loans for Shire bid

April 12, 2018 | Thursday | News

The Japanese pharma has announced its interest in acquiring Shire, and under UK takeover rules has until 25 April to make a bid.

Singapore – Takeda appears to be preparing its bid for rare diseases pharma Shire, reportedly sounding out major creditors for loans to finance the deal of up to $40 billion.

Japanese news outlets reported that Takeda is looking for loans of several trillion yen – tens of billions of dollars – from several banks.

At around $40B, the deal would be the largest ever overseas acquisition by a Japanese company and would propel Takeda into the top ranks of global drugmakers.

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