Takeda Pharmaceutical Co. Ltd. has proposed the divestment of a late-stage Shire PLC pipeline asset in order to pass the first phase of the European Commission's review of its proposed acquisition of the company, and apparently to assuage the EC's anti-competitive concerns around the deal.
Takeda Offers Shire Asset Disposal To Assuage EC Merger Concerns
Takeda may have to shed a Shire late-stage pipeline asset to meet European anti-competition concerns around the companies' planned merger, although the process is not expected to derail the deal's timing.
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