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

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

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.REUTERS  |  October 18, 2018, 13:51 IST
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.

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.