Takeda CEO confident shareholders will approve $62B Shire acquisition — 4 insights

Takeda Pharmaceutical CEO Christophe Weber said he’s confident shareholders will approve Takeda’s $62 billion deal to acquire Shire, Reuters reports.

Advertisement

Here’s what you should know:

1. Early in the process, shareholders expressed fears about the debt the company would take on through the deal.

2. Takeda must hold a meeting to record shareholder votes by Jan. 18.

3. Takeda secured a $30.9 billion bridge loan to fund the acquisition. Some investors are concerned about Takeda taking on that much debt.

4. In addition to investor approval, Takeda still needs to earn European Commission approval. The European Commission expressed monopolistic concerns over the company’s competing gastrointestinal treatments.

More articles on healthcare: 
3 thoughts on managing denials from employer plans
GI societies slam CMS decision to side with Anthem, devalue GI codes — 5 insights
USPI delivers $502M operating revenue in Q3, Tenet’s hospital operations disappoint

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Beyond the bottleneck: How health systems are improving access, flow and care continuity

Thursday, July 30
1:00 PM - 2:00 PM CDT

Presenters: Imamu Tomlinson, MD, MBA, VituityWilliam Morice II, MD, PhD, Mayo Clinic LaboratoriesJordan Dale, MD, Houston MethodistAsh Tengshe, City of HopeChris Klay, MHA, MA, PT, FACHE, Hospital Sisters Health System

Advertisement

Next Up in Supply chain

Advertisement

Comments are closed.