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Takeda gets Japan's approval for $62 billion Shire purchase

Other News Materials 18 October 2018 12:07 (UTC +04:00)
Takeda Pharmaceutical Co Ltd said on Thursday Japan’s Fair Trade Commission had approved its $62 billion acquisition of Shire Plc
Takeda gets Japan's approval for $62 billion Shire purchase

Takeda Pharmaceutical Co Ltd said on Thursday Japan’s Fair Trade Commission had approved its $62 billion acquisition of Shire Plc, bringing the Japanese firm closer to sealing a deal that will make it a global top 10 drugmaker, Reuters reports.

The deal, which will be the largest overseas purchase by a Japanese company, has already received unconditional clearance from regulators in the United States, Brazil and China.

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