Opponents to Takeda’s $62B buyout of Shire gain support but need much more

Takeda, which has this manufacturing site at Grange Castle, Ireland, said that it expects to get $1.4 billion in cost savings over the next three years after its $62B buyout of Shire. (Takeda)

A small group of Takeda shareholders that opposes the company’s $62 billion buyout of Shire is gaining support for its effort to block the deal, which they say will shrink the value of Takeda shares.