Takeda Notes Court Sanction of the Scheme of Arrangement with Respect to the Acquisition of Shire plc
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) notes Shire plc’s (“Shire”) announcement that the Royal Court of Jersey (the “Jersey Court”) has today sanctioned the scheme of arrangement (the “Scheme”) pursuant to which the proposed acquisition of Shire by Takeda (the “Acquisition”) is being implemented.
As previously announced, it is expected that the Scheme will become effective, and that closing of the Acquisition will take place, on January 8, 2...