bullish

[JAPAN M&A] Shionogi (4507) Bids for Torii Pharma (4551) - Split Price Deal on Weak Transparency

438 Views07 May 2025 18:37
Today after the close, Shionogi & Co announced a TOB to take over Torii Pharma (a sub of Japan Tobacco). The deal seems light, and structure makes it lighter. Process is weak, but tough to block.
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