With $460B in borrowing capacity, will any of the Big-20 biopharmas go after one of the top-5 takeover targets?
Leerink’s always interesting Geoffrey Porges knows how to get your attention. And nothing turns the head faster than a list of major league takeout targets.
Now that Takeda has lined up its $62 billion deal to buy Shire $SHPG, without working too hard to line up the money, Porges decided to bring out the calculator to see what industry leaders could do if they really wanted to buy Something Big. And then also added a few key targets that would get the bankers to stomp the ground in anticipation.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.