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Shire proposes €328mm acquisition of Jerini AG

Executive Summary

Shire is proposing to takeover public biotech Jerini AG for €328mm ($517mm) in cash, paying €6.25 per share (an 88% premium). The day following the deal announcement, Jerini's shares jumped from €3.65 to €6.16.
Deal Industry
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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