News Formal

Celgene slumps as Bristol-Myers shareholder resists merger

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Bristol-Myers Squibb Co expressed disappointment on Thursday with the opposition of its top shareholder to a US$74 billion takeover of Celgene ...

REUTERS: Shares of Celgene Corp dived 8 percent on Thursday after a major shareholder in Bristol-Myers Squibb Co came out against a US$74 billion merger that would be the pharmaceutical world's biggest ever takeover.

In the letter to employees, Bristol-Myers reiterated that the Celgene deal is the best path forward for the company and that it continued to believe strongly in the merits of the deal.Bristol-Myers investors are due to vote on the deal at a special meeting scheduled for April 12. "Even with the combined voting power for both Wellington and Starboard Value, we believe there continues to be a high hurdle for opposition to reach majority," said Andy Hsieh, a William Blair analyst.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

For Sainsbury and Asda, watchdog's analysis leaves merger in serious doubtSainsbury's planned 7.3 billion pound (US$9.5 billion) takeover of Walmart's Asda can only be salvaged if Britain's competition regulator ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

US Justice Department will not appeal AT&T, Time Warner merger after court lossWASHINGTON: AT&T Inc emerged victorious on Tuesday over the Trump administration's drawn-out attempts to block its US$85.4 billion purchase of ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

Investor Cerberus open to Deutsche Bank merger with Commerzbank: SourceU.S. investor Cerberus is open to a merger between Germany's two largest private banks, Deutsche Bank and Commerzbank, a person familiar with the ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

Barrick bids US$18 billion for Newmont in gold mega-mergerCanadian miner Barrick Gold Corp said on Monday it had offered to buy U.S. rival Newmont Mining Corp in an all-stock deal that would create a ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »