Slaughter and May and Davis Polk & Wardwell have been instructed by Shire to advise the UK pharmaceutical giant on a £27bn unsolicited takeover bid from US drugmaker AbbVie.
June 20, 2014 at 07:41 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May and Davis Polk & Wardwell have been instructed by Shire to advise the UK pharmaceutical giant on a £27bn unsolicited takeover bid from US drugmaker AbbVie.
AbbVie, whose offer was formally announced today (20 June), has until 18 July to make a formal bid, according to Takeover Panel rules.
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