Allergan backs away from Shire but reserves right to changeStaff Writer | April 20, 2018
Allergan on Friday confirmed that it "does not intend to make an offer" for fellow Dublin-based drug maker Shire, backing off its announcement on Thursday that it was considering one.
Acquisition Shire had said it rejected three takeover proposals from Takeda
On Thursday, Shire had said it rejected three takeover proposals from Takeda Pharmaceutical since the end of March, while Allergan had said it was in the "early stages" of considering an offer to buy Shire. ■