Takeda gets Japan’s approval for $62 billion Shire purchase By Reuters

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© Reuters. FILE PHOTO: Takeda Pharmaceutical Co


© Reuters. FILE PHOTO: Takeda Pharmaceutical Co’s logo is seen at its new headquarters in Tokyo

(Reuters) – Takeda Pharmaceutical Co Ltd (T:) said on Thursday Japan’s Fair Trade Commission had approved its $62 billion acquisition of Shire Plc (L:), 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.

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