Friday, 20 July 2018 - 17:35
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First large acquisition of the year: Takeda acquires Tigenix for €520m

Belgian-Spanish biotech company TiGenix NV and Takeda Pharmaceutical have jointly announced today, before trading opened, that Takeda is planning to purchase all TiGenix shares at €1.79 per share, which means setting TiGenix’s value at approximately €520m. TiGenix’s key asset is…