Shire Share Discussion Threads

[scfc1] 13/4/2018 17:18

The £18,848k “trade” wasn’t a single trade but the UT (uncrossing trade), it happens everyday for all shares at just after 4.35pm.

[soundbuy] 13/4/2018 16:58

Where.....?

[mbmiah] 13/4/2018 16:49

Rns.....takeda got 3.29%????

[karateboy] 13/4/2018 16:42

Or market to allow somebody to buy almost £19m worth of shares at close.

[philanderer] 13/4/2018 16:04

That'd be my guess too.

Or Takeda independent directors voting against any bid.

[billytkid2] 13/4/2018 16:01

Maybe a leak that banks turning Takeda down.

[soundbuy] 13/4/2018 15:49

Wondered if a potential rival bidder had ruled itself out ......... but no news as far as I can see ........ certainly some vol hit the mkt...........

[billytkid2] 13/4/2018 15:41

I wonder what piece of info hit just after 3pm.

[philanderer] 13/4/2018 14:40

Off again as the US opens :-)

[billytkid2] 13/4/2018 14:14

£42 would be around a 30% premium to before the bid which feels about par for the market.

[philanderer] 13/4/2018 14:08

Most popular numbers mentioned that I've seen have been a £42 initial offer with a £45 takeout.

[demo trader] 13/4/2018 13:45

Talk of $50b bid ......... but it is already worth more than $50b.

[philanderer] 13/4/2018 13:23

rue, yep I was counting weekends :-)

Couple of Takeda RNS's just out...

[ruethewhirl] 13/4/2018 11:36

Soundbuy - oh that's cruel.

[soundbuy] 13/4/2018 11:19

Any guesses?

[karateboy] 13/4/2018 11:00

If there are other bidders it make sense for them to wait and see if Takeda bids and at what price. If Takeda makes an offer say £40 a share, others may come in at £45,...

[karateboy] 13/4/2018 10:50

Let's not forget that 25th dead line can be extended if requested. For getting the bid ready, we should count weekend as well. Takeda boards or their advisers are not going to go home weekend when they plan to spend >$55b

[ruethewhirl] 13/4/2018 10:43

Doesn't appear to be a huge rush on the part of other bidders.

Not sure if they would only emerge after the Takeda bid, if one happens.

[soundbuy] 13/4/2018 10:33

Would imagine you'd have sounded out potential lenders/finance streams etc in advance.....to gauge the fire-power you'd have and the structure of the offer you'd make.....then you'd engage consultants etc.....

....and not consulting (some of) the board? All a tad odd......take with a pinch of salt what the rags/newswires publish

Anyways, here's hoping.....a full on bidding war would see the true value out....

[ruethewhirl] 13/4/2018 10:23

You counting the weekends Phil?

I count 8 days. Today, 5 days next week, 23rd and 24th.

The announcement will come before the 25th IMHO.

[philanderer] 13/4/2018 10:18

12 days left , morning all :-)

[ruethewhirl] 13/4/2018 08:43

Might be some prestige attached to being involved with a Japanese company's biggest ever overseas acquisition.

Just thinking of reasons the banks will lend the money to Takeda.