27th Mar 2015 13:52
LONDON (Alliance News) - Shire PLC is understood to be considering a bid for US company BioMarin Pharmaceutical Inc, the Evening Standard reports Friday.
The paper said rumours have surfaced online that Shire is considering a USD65 billion merger with BioMarin, months after Shire struck a deal to acquire NPS Pharmaceuticals Inc for USD5.2 billion.
Shire shares are up 1.3% at 5,380.00 pence.
http://www.standard.co.uk/business/markets/market-report-shire-is-just-what-the-doctor-ordered-as-city-laps-up-65bn-merger-talk-10138942.html
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Shire