05.09.2015

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Find A Better Way, founded by Sir Bobby Charlton, is already sponsoring unique research aimed at finding a technical solution to find and safely remove landmines and funding education to help raise awareness of the dangers of landmines to those who live in affected regions. Now the charity is also investigating how to aid people in war torn areas who have already fallen victim to landmine accidents. Here are just a few examples of recent designs from the Keep Calm-o-Matic creative community.
Shire’s initial offer was announced in August, when Baxalta did not even complete two months in the market. Shire had offered to pay $45.23 per share, promising share buyback of 118 million shares, which valued up to $8 billion after the deal. Baxalta has reportedly narrowed its differences with Shire since the first offer was rejected. Despite the deal now having a significant cash component in it, it still fails to address some of the managerial concerns. Baxalta’s anti-takeover defenses have also made it impossible for a hostile bid to go through.
AbbVie might still have appetite for an acquisition in the rare diseases area, but currently Baxalta seems an unaffordable acquisition for AbbVie. Shire’s deal offers cost advantages to Baxalta, that are related to its low effective tax rate, since it is headquartered in Ireland, a relatively tax friendly country. Flemming Ornskov, CEO Shire, claimed earlier that the proposed offer benefits both the parties.
The deal would be the largest ever signed by Shire, in its attempt to shift focus from pharmaceutical to treatments for rare diseases, including attention deficit hyperactivity disorder (ADHD), a top-tier biotech group. The deal would add on the approximately $677 billion spent on mergers and acquisitions by the global healthcare industry.


Since the announcement of its initial bid for Baxalta on August 4, Shire’s shares have declined by more than 24%. We actually happen to know Steve, the seller, and have been to his shop where it is currently located at. Click through to see more designs, create your own, share designs and purchase customised products.
The revised bid has been reported to have met Baxalta’s expectations, according to sources familiar with matter, quoted by Reuters. The initial bid was an all-stock offer, designed to preserve Baxalta’s tax-free nature. The revised offer would include approximately 40% of cash component, which would translate to $12 billion in cash. It was earlier thought that Shire might have to face a prohibitive US tax penalty if it paid cash for the deal.
Last week, Bernstein analyst Ronny Gal, in a note to his clients, stated that it is not likely that Baxalta would agree to an offer valued at less than $50 a share, or worth less than $34 billion in total value.
Moreover, AbbVie has recently made a big acquisition worth $21 billion when it bought Pharmacyclics earlier this year.
Moreover, upon the potential agreement, the deal would create the largest rare disease drugmaker globally, which could reach potential sales of $20 billion by 2020. According to Dealogic, global healthcare M&A volume has reached a record, surpassing historical full year volumes on record and up 64% year-on-year. The decline was also partly due to the broader sell off, which hit the biotech sector by the end of August, and the September sell off which was triggered by increased political pressure on biotech companies, due to increasing drug prices.
As much as we would love to have this roadster, we just picked up a new project, so we are going to have to pass on this one.


This suggests that Shire has accommodated the share buyback plan into the bid itself, upon which the value of the deal remains roughly the same, but increases the cash component. If Shire’s revised deal does not meet this benchmark, the management might not show interest in considering the offer.
However, Baxalta’s said key franchise is facing threats from competition, a point which has also recently been raised by Bernstein analyst Mr.
Baxalta’s shares on the other hand have increased by more than 5% during the same period.
The company wants to make sure that there are no better offers before accepting Shire’s bid.
Shire’s $30 billion bid was rejected by Baxalta, claiming the offer undervalued the drugmaker and that the company had potential to grow on its own. Thus Shire offered the share buyback program upon completion of the deal, to make sure that the cash is returned to Baxalta’s shareholders.
I’m curious to see what MGA roadsters are going for these days, so let’s see if you can find a better one for $8,500 or less! Before I would buy this – I would go look at it and bring a Moss catalog and start adding up the cost of all the parts you will need.



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