Large Molecule

Shire in Talks to Acquire Baxalta for $32B

Jan 04, 2016

Bloomberg

According to a Bloomberg article, Shire Plc is in negotiations to acquire Deerfield, Illinois-based Baxalta Inc. for about $32 billion in cash and stock, excluding debt.

The two companies could announce an agreement this week, said unnamed sources. Final details of the transaction are still being negotiated. In July, Baxalta rejected a $30 billion all-stock offer from Shire. Read the full story