Reuters logo
CORRECTED-Shire to buy NPS Pharma for $5.2 bln
January 11, 2015 / 4:50 PM / in 3 years

CORRECTED-Shire to buy NPS Pharma for $5.2 bln

(Corrects to replace “7.2 percent” with “9.8 percent”, adds link to press release)

Jan 11 (Reuters) - Shire Plc said it will acquire NPS Pharmaceuticals Inc in an all-stock transaction for about $5.2 billion, the companies said in a joint statement on Sunday.

Shire will pay $46.00 per NPS share, representing a premium of about 9.8 percent over NPS’ Friday close.

Dublin-based Shire, whose proposed sale to AbbVie Inc fell apart in October, expects the deal to add to its adjusted earnings from 2016 onward. (Reporting by Natalie Grover in Bengaluru; Editing by Ruth Pitchford)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below