44
44
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 44
favorite 0
quote 0
we have a company that really wanted shire in takeda.tell us about its business going forward? eric they: had to do something to maintain their relevance. they have a shrieking domestic market in japan. increase their pipeline of drugs. matt: it is all about the pipeline, the new drugs they can get into production? eric: that is right. they got more strength in areas like rare diseases, stuff they don't have that much of. takeda traditionally has a lot of strength in areas like diabetes. some of the deals they have done are in generic drugs. this went into new areas. guy: what do i do if i am a shyer shareholder? -- shire shareholder? do i sell or hang on? eric: we haven't heard much what they are likely to do with the stake. this has increased five times. aey have come back today with deal that is basically the same value they have agreed to last month. in that sense, it doesn't a bit further. there have been questions about the takeda share price, but they have gotten this thing done, a bridge loan from the banks to get this over the l
we have a company that really wanted shire in takeda.tell us about its business going forward? eric they: had to do something to maintain their relevance. they have a shrieking domestic market in japan. increase their pipeline of drugs. matt: it is all about the pipeline, the new drugs they can get into production? eric: that is right. they got more strength in areas like rare diseases, stuff they don't have that much of. takeda traditionally has a lot of strength in areas like diabetes. some...
88
88
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 88
favorite 0
quote 0
very bold, like takeda.etting aggressive out there, buying companies, trying to expand sales to keep in aand expand scale rapidly changing industry. you've got the name that comes up, netflix. that is the over-the-top model, starting to put pressure on this industry. manus: if you look at what netflix and amazon have been able to do in pricing, you begin to understand the proposition of content. -- i amrime and netflix paid up for both of them. they've mccombs -- dave mccombs joining us. juliette saly has your business flash. juliette: a unit of shell has agreed to sell its entire stake canadian natural resources with the proceeds used to reduce debt. its 97 pointl sell 6 million shares in canadian natural, the total pretax protein -- proceeds of 3.3 billion u.s. dollars and the transaction is expected to be complete tomorrow. according to a person familiar with matter, shares are being offered at $34 each, a discount from its close yesterday in new york. qualcomm is getting ready to push developed processes
very bold, like takeda.etting aggressive out there, buying companies, trying to expand sales to keep in aand expand scale rapidly changing industry. you've got the name that comes up, netflix. that is the over-the-top model, starting to put pressure on this industry. manus: if you look at what netflix and amazon have been able to do in pricing, you begin to understand the proposition of content. -- i amrime and netflix paid up for both of them. they've mccombs -- dave mccombs joining us....
86
86
May 8, 2018
05/18
by
CNBC
tv
eye 86
favorite 0
quote 0
. >>> shares in shire trade higher after takeda agrees to buy the pharma group for 46 billion pounds in the largest ever foreign acquisition by a japanese company. >>> and comcast puts together an all-cash offer for most of 21st century fox in a bid to beat out disney's $52 billion offer. >>> shares in deutsche see red after first quarter earnings miss forecasts and as frank apple tells cnbc that e-commerce poses a challenge. >> we have some challenges, but that was expected. we haven't had a price in crease for stamp prices in the third year, this year we always perceived the most challenging one. >>> and the clock counts down on the iran deal. just hours to go until president trump announces whether he will withdrawal from the nuclear agreement which sends jitters through the oil market >>> good morning before we get started, let's see how markets are doing. everyone is waiting on the announcement from the u.s. that will happen later this afternoon, vis-a-vis the iran deal and what mr. trump decides to do there. we saw a mixed session in asia hang seng was one of the outperforming
. >>> shares in shire trade higher after takeda agrees to buy the pharma group for 46 billion pounds in the largest ever foreign acquisition by a japanese company. >>> and comcast puts together an all-cash offer for most of 21st century fox in a bid to beat out disney's $52 billion offer. >>> shares in deutsche see red after first quarter earnings miss forecasts and as frank apple tells cnbc that e-commerce poses a challenge. >> we have some challenges, but that...
47
47
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
mark: they need it, don't they, takeda. from a position of weakness. absolutely, this comes from a shrinking market, there is not a lot of growth prospect domestically. they needed to do something transformational. they had a french ceo that they brought in that has done smaller deals, but not anything transformational. this is a big splash on the global scene. let's have a listen to what one shareholder of shire told me yesterday. he expected that this deal would go through. have a listen to what he said about the deal environment and what they said about the company. >> many companies are being bought and financed by the inefficiency balance sheet. they paid a fancy price and a fancy premium for that. oftentimes we have seen boards and management teams that want to accomplish that on a strategic plan. vonnie: how much of it is a management style of shire that will be taken on by the combined company? eric: this will be a big integration job, buying something that is even bigger than takeda in terms of market cap. it won't be a small task. shire has b
mark: they need it, don't they, takeda. from a position of weakness. absolutely, this comes from a shrinking market, there is not a lot of growth prospect domestically. they needed to do something transformational. they had a french ceo that they brought in that has done smaller deals, but not anything transformational. this is a big splash on the global scene. let's have a listen to what one shareholder of shire told me yesterday. he expected that this deal would go through. have a listen to...
701
701
May 8, 2018
05/18
by
BBCNEWS
tv
eye 701
favorite 0
quote 1
there is some detail on the shire takeda deal, takeda finally putting in a bedford shire pharmaceuticalsas bitten, it has been a while in the making. it is talking about asda and sainsbury‘s, the tie—up between the two. walmart doing a deal with sainsbury is, it was announced this time last week. the competition and markets authority could scrutinise the proposed merger. speaking to the today programme on radio 4 about some of the regulatory hurdles that could be a problem for that. japanese pharmaceutical firm ta keda has reached a $62 billion takeover agreement with its rival shire. that is the story that broke one and a half hours ago. the deal is the biggest overseas acquisition ever by a japanese company, and the largest deal in the sector since 2000. first, katie silver is in singapore. katie, thanks for joining katie, thanks forjoining us. it is a huge deal and it has been in the making for some time? you're right. it has taken five offers from the japanese company ta keda it has taken five offers from the japanese company takeda in about as many weeks. during this time shares hav
there is some detail on the shire takeda deal, takeda finally putting in a bedford shire pharmaceuticalsas bitten, it has been a while in the making. it is talking about asda and sainsbury‘s, the tie—up between the two. walmart doing a deal with sainsbury is, it was announced this time last week. the competition and markets authority could scrutinise the proposed merger. speaking to the today programme on radio 4 about some of the regulatory hurdles that could be a problem for that....
85
85
May 8, 2018
05/18
by
BBCNEWS
tv
eye 85
favorite 0
quote 1
we mentioned the japanese company takeda which was at its peak share price in january company takedaerhaps not keen on this takeover. on the british transport company, share price down 10% today, rumours of a takeover bid from us hedge fund called apollo group, they won't go ahead with the takeover, they said, so the share prices down. more business news throughout the afternoon. kate. rachel, thank you. celebrities have gathered at one of new york's most dazzling events: the met ball. the event raises funds for the metropolitan museum of art's costume institute and attracts fashion designers and stars from around the world. this year's theme of "heavenly bodies: fashion and the catholic imagination" inspired some incredible outfits, as our reporter nada tawfik reports. the grand staircase of the met gala was full of divine inspiration. angelic halos, bejewelled crosses, and flowing robes ruled the red carpet. the theme of this year's costume ball was heavenly bodies and the catholic imagination. so the who's who of fashion, hollywood, sports and music, dressed in their sunday's best
we mentioned the japanese company takeda which was at its peak share price in january company takedaerhaps not keen on this takeover. on the british transport company, share price down 10% today, rumours of a takeover bid from us hedge fund called apollo group, they won't go ahead with the takeover, they said, so the share prices down. more business news throughout the afternoon. kate. rachel, thank you. celebrities have gathered at one of new york's most dazzling events: the met ball. the...
82
82
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 82
favorite 0
quote 0
to aansforms takeda lucrative business. to sell stake in the canadian shale producers, offering at a 2.9% discount to yesterday's closing price in new york. shell wants to sell assets to reduce debt. the parent of the new york stock exchange has been working on a trading platform that would let investors trade on bitcoin. international continental exchange has had talks about the subject. that is your bitcoin bloomberg business flash. francine: thank you. jpmorgan chief executive jamie dimon laid out his long-term vision for the group's expansion in china while expressing hopes that trade tensions will not derail the plan. he spoke to stephen engle exclusively in asian -- beijing. >> we want 100%. it is better for the chinese. joint ventures, a lot of these are hard to govern, not very successful, do not set the highest standards, and do not bring the best of all of jpmorgan. where does the research get done? you sell here but cannot sell -- once weu have to 100%, jpmorgan will have recruiting, credit, products, services. .
to aansforms takeda lucrative business. to sell stake in the canadian shale producers, offering at a 2.9% discount to yesterday's closing price in new york. shell wants to sell assets to reduce debt. the parent of the new york stock exchange has been working on a trading platform that would let investors trade on bitcoin. international continental exchange has had talks about the subject. that is your bitcoin bloomberg business flash. francine: thank you. jpmorgan chief executive jamie dimon...
72
72
May 14, 2018
05/18
by
BLOOMBERG
tv
eye 72
favorite 0
quote 0
it will require takeda to take on additional debt. ceo is trying to add another fourth pillar to the product line up we see at takeda. that is an interesting story, we will see how that performs. we are getting breaking news coming in from the aerospace industry. from airbus specifically. will leave the cff 2019.mpany in that is coming to us this morning. let's have a look at futures in europe. u.s. futures happen pointing higher all morning. let's get to the risk radar. we have mic is asia up. they are expected to go higher on the european story. let's go to the risk radar and show where you are on the asian story. a slightly more positive risk environment. at least the conversation between china and the united states, that seems to be a little more positive, when you look at the chinese review of qualcomm. all of that mood music is improving. the malaysian market is back in action after wednesday's elections. that looks to be volatile on currencies and start markets reactions. -- and stock market reactions. they say there is another
it will require takeda to take on additional debt. ceo is trying to add another fourth pillar to the product line up we see at takeda. that is an interesting story, we will see how that performs. we are getting breaking news coming in from the aerospace industry. from airbus specifically. will leave the cff 2019.mpany in that is coming to us this morning. let's have a look at futures in europe. u.s. futures happen pointing higher all morning. let's get to the risk radar. we have mic is asia up....
99
99
May 8, 2018
05/18
by
CNBC
tv
eye 99
favorite 0
quote 1
shares of takeda and shire are both moving higher on that news. >>> this is a big one in the world of banks value act taking a 1$1.2 billion stake in citi group. who else to bring in on this than leslie picker billion on citi. this is a big fight. >> it is value act does take these big, concentrated bets. banks have been a focus for them, but this 1$1.2 billion stake in citi group, they've been building that up for about 45 months. it doesn't appear value act is looking to push for major changes at the bank just yet, but believes citi could return more capital to shareholders, that's what they're starting with in their investor letter. value act writes we believe the u.s. banking system has a structurally lower risk profile than any time in our lifetime. the firm points to scale as a key driver of greater profitabilities. value act believes that citi's restructuring has not been adequately priced in by the market and says citi should generate more than 15% return on tangible common equity by 2020 and deliver eps of double that level from 2017. in a statement to cnbc, a representative
shares of takeda and shire are both moving higher on that news. >>> this is a big one in the world of banks value act taking a 1$1.2 billion stake in citi group. who else to bring in on this than leslie picker billion on citi. this is a big fight. >> it is value act does take these big, concentrated bets. banks have been a focus for them, but this 1$1.2 billion stake in citi group, they've been building that up for about 45 months. it doesn't appear value act is looking to push...
54
54
May 7, 2018
05/18
by
BLOOMBERG
tv
eye 54
favorite 0
quote 0
>> a deal with takeda.at many companies are being bought and financed by paidnefficient by -- shire a fancy price for a company. we see that boards and management teams tend to want to accomplish that which is on a consultant and strategic plan at any cost, rather than looking at returns on capital. in their efforts to de-lever, they -- they had every opportunity to purchase their own shares at single-digit multiples of earnings for sure. take a divot come as a smaller akeda,y -- decatur, -- t one can ask -- they will increase their own debt in order to buy shire. we think the deal is about 35%. takeda stocks come under pressure with equity to own. trading ate deal is deal prices. we think it would be confirmed and we hope to see is in. >> you spoke about the they have had a few rough sessions. buying more? >> our philosophy is not changing and we do not comment on day-to-day. attitudesitive and our has been to add over recent weeks in those positions. some of the noise is because we expect president trump
>> a deal with takeda.at many companies are being bought and financed by paidnefficient by -- shire a fancy price for a company. we see that boards and management teams tend to want to accomplish that which is on a consultant and strategic plan at any cost, rather than looking at returns on capital. in their efforts to de-lever, they -- they had every opportunity to purchase their own shares at single-digit multiples of earnings for sure. take a divot come as a smaller akeda,y -- decatur,...
150
150
May 8, 2018
05/18
by
CNBC
tv
eye 150
favorite 0
quote 0
i'll tell you where it ended up. .839 new takeda. they're talking about a first half 2019 close.nd there's going to be a big spread here. as there often is in these deals these days remember yesterday we saw a bid for athena but no trading near the implied price. you have a done deal but expect a big spread the cross quarter nature of it long shire, the flowback issues. there's a two-thirds shareholder vote needed. it went take place for awhile. it presents another risk people are concerned about how much debt takeda is taking on to get the deal another concern. drug pricing worries will something happen on that front? for any number of reasons, a big spread there, guys throw in china >> they combined them into a new acronym. >> nxpi. it's down today because of the deal with toshiba going away or not getting approval everything i hear we'll see on nxp. it's 98 now. and the zte being able to resubmit. >> we don't know. >> i know. i don't know people are taking the toshiba chip flash buy out not happening. i'm not sure you should for nxp. >> i'm not sure we know anything what they'
i'll tell you where it ended up. .839 new takeda. they're talking about a first half 2019 close.nd there's going to be a big spread here. as there often is in these deals these days remember yesterday we saw a bid for athena but no trading near the implied price. you have a done deal but expect a big spread the cross quarter nature of it long shire, the flowback issues. there's a two-thirds shareholder vote needed. it went take place for awhile. it presents another risk people are concerned...
58
58
May 9, 2018
05/18
by
BLOOMBERG
tv
eye 58
favorite 0
quote 0
we have been watching takeda after that shire data -- deal.vid: speaking of corporate news, a company that offers staffing services and japanising is listed in -- bottom of your screen, it will be acquiring $1.2 billion. that is a cash deal. everything by the 30th of september. there it is, recruit looking to buy glassdoor, $1.2 billion in cash. jay powell has been speaking. here is tom mackenzie. powell says jay financial markets have the message on gradual interest-rate increases and should not be surprised by factions. tightening has proceeded without disruption to financial markets, but he warns some investors may not be well-positioned for rate hikes. >> i do not dismiss the prospective risks in meeting with the global policy normalization. some investors and institutions may not be well-positioned for rising interest rates, even one markets anticipate. future economic conditions may surprise us, as they often do. >> china and the u.s. have clashed at the wto. beijing claims to be a defender enters trade, he says the realm of alice in won
we have been watching takeda after that shire data -- deal.vid: speaking of corporate news, a company that offers staffing services and japanising is listed in -- bottom of your screen, it will be acquiring $1.2 billion. that is a cash deal. everything by the 30th of september. there it is, recruit looking to buy glassdoor, $1.2 billion in cash. jay powell has been speaking. here is tom mackenzie. powell says jay financial markets have the message on gradual interest-rate increases and should...
53
53
May 13, 2018
05/18
by
BLOOMBERG
tv
eye 53
favorite 0
quote 0
>> this is the fifth offer takeda made. they finally did succeed.y had a long process and got a pretty good premium in the end, 60%. they needed to do something very transformational. they had a french ceo they brought in who had done some smaller deals, but he had not done anything this transformational. this was a chance for him to make a big splash with the team. >> a battle for e-commerce supremacy, zeroed in on india. walmart has agreed to pay $16 billion for a 77% stake in india's biggest online retailer, flipkart. it is the biggest deal ever as it looks to fend off amazon in the world's second-most populous nation. >> this deal is about getting ahead in an e-commerce market that is exploding. india has the second largest population of internet users in the world. walmart needs to get ahead in this market as it battles amazon pretty much around the world. it was slow to get into china, and it does not want to make that same mistake again. it was willing to spend this much money on a business that is really not profitable yet. >> australia has
>> this is the fifth offer takeda made. they finally did succeed.y had a long process and got a pretty good premium in the end, 60%. they needed to do something very transformational. they had a french ceo they brought in who had done some smaller deals, but he had not done anything this transformational. this was a chance for him to make a big splash with the team. >> a battle for e-commerce supremacy, zeroed in on india. walmart has agreed to pay $16 billion for a 77% stake in...
50
50
May 12, 2018
05/18
by
BLOOMBERG
tv
eye 50
favorite 0
quote 0
. >> this is the fifth offer takeda made. they finally did succeed. they got a good premium, 60%.eded to do something transformational. ceo theya french brought in who has done smaller deals, but nothing this transformational. this is their chance to make a big splash on the global scene. >> in a battle for e-commerce supremacy, zeroed in on india. walmart has agreed to pay $16 billion for a 77% stake in flipkart, the biggest deal ever as it looks to fend off amazon in the world's second-most populous nation. >> this deal is about getting ahead in an e-commerce market that is exploding. india has the second-largest population of internet users in the world. walmart needs to get ahead in this market to battle amazon. it was slow to get into china, which is another massive market. it does not want to make that same mistake again and was so it was willing to spend this much money on a business that is really not profitable yet. >> australia has laid out its budget for the next financial year with the deficit forecast for $10.8 billion. the turnbull government is wooing voters with ta
. >> this is the fifth offer takeda made. they finally did succeed. they got a good premium, 60%.eded to do something transformational. ceo theya french brought in who has done smaller deals, but nothing this transformational. this is their chance to make a big splash on the global scene. >> in a battle for e-commerce supremacy, zeroed in on india. walmart has agreed to pay $16 billion for a 77% stake in flipkart, the biggest deal ever as it looks to fend off amazon in the world's...
217
217
May 8, 2018
05/18
by
CNBC
tv
eye 217
favorite 0
quote 0
shire up sharply after acquired by takeda.d rejected several prior offers looks like today we've got a deal morgan >> thanks, seema seema mody when you're looking at european stocks, totale is lower today ahead of this news from president trump. >>> professional gamer how he managed to get signed at the age of 13 and cashing in on the fortnight craze. dow is up fractionally, just about a point. eall" rahtwk aeystig ahd. because, when you really, really want to be there, but you can't. at cognizant, we're helping today's leading media companies create more immersive ways to experience entertainment with new digital systems and technologies. get ready, because we're helping leading companies see it- and see it through-with digital. anyone can get you ready, holiday inn express gets you the readiest. because ready gives a pep talk. showtime! but the readiest gives a pep rally. i cleared my inbox! holiday inn express, be the readiest. we have one to two fires a day and when you respond together and you put your lives on the line,
shire up sharply after acquired by takeda.d rejected several prior offers looks like today we've got a deal morgan >> thanks, seema seema mody when you're looking at european stocks, totale is lower today ahead of this news from president trump. >>> professional gamer how he managed to get signed at the age of 13 and cashing in on the fortnight craze. dow is up fractionally, just about a point. eall" rahtwk aeystig ahd. because, when you really, really want to be there, but...
72
72
May 8, 2018
05/18
by
BBCNEWS
tv
eye 72
favorite 0
quote 0
the drugmaker shire has agreed to a £a6 billion takeover by the japanese pharmaceutical firm, takeda.gest monthly drop in nearly eight years. a report by halifax bank says activity in the property market has been soft all year but it expects the strong labour market will keep prices growing throughout 2018. welcome to business news this morning. a lot of news coming up. but first, should we be taxing the old to subsidise the young? that's the radical proposal made by policymakers at the resolution foundation who say that the contract between young and old people has broken down. their suggestion to fix it is higher taxes for older people and a £10,000 lump sum for millenials. we've been speaking to one family from cannock, staffordshire. i grew up in a council house in scotland and as i say, very different, but i think when i was first married, it was a struggle to get onto the housing market, and bring up the children, whereas now, i think, my daughter, it was a little bit easier, going to university. for my daughter's perspective, it definitely was a bit easier. i guess, you know, w
the drugmaker shire has agreed to a £a6 billion takeover by the japanese pharmaceutical firm, takeda.gest monthly drop in nearly eight years. a report by halifax bank says activity in the property market has been soft all year but it expects the strong labour market will keep prices growing throughout 2018. welcome to business news this morning. a lot of news coming up. but first, should we be taxing the old to subsidise the young? that's the radical proposal made by policymakers at the...
73
73
May 9, 2018
05/18
by
BLOOMBERG
tv
eye 73
favorite 0
quote 1
takeda, the news of acquiring shire.as up 4% yesterday and is seeing a little bit of a reversal today. numbersng through with saying that compliance costs hurt profits. commonwealth bank. >> the very latest on the markets. regrets as to president trump's decision to pull out of iran's nuclear program. the news that america will reinstate financial sanctions on the islamic republic has sent oil above $70 a barrel this morning. bring in our managing editor for the international government in new york. the germans are coming up this morning. macron has come out with his tweet. germans are saying europe should continue to stick together. your immediate take is this is the most hawkish of breaks. >> in the sense it was a clean break. we could have seen trump be less clear with what he wanted. we could have seen him stay within the framework of the jcpoa for conflict resolution. instead, sanctions are back on immediately. 180 sanctions in 180 days. it sends a very direct message to iran. you were talking about macron and merke
takeda, the news of acquiring shire.as up 4% yesterday and is seeing a little bit of a reversal today. numbersng through with saying that compliance costs hurt profits. commonwealth bank. >> the very latest on the markets. regrets as to president trump's decision to pull out of iran's nuclear program. the news that america will reinstate financial sanctions on the islamic republic has sent oil above $70 a barrel this morning. bring in our managing editor for the international government...
64
64
May 11, 2018
05/18
by
BLOOMBERG
tv
eye 64
favorite 0
quote 0
takeda being downgraded because it is seen as taking on too much debt. at&t doing $160 billion of debt. a company is saying, it doesn't matter about our credit rating so much. it doesn't matter if the credit investors are worrying about we are doing. >> it gives you a sense of how other priorities are. do you want to move your company forward first are do you want to attend your balance sheet first? against to be as simple as that. when the opportunity is there, you have to grab it. in this kind of market. we have lived in a market for tenure and prejudice were there was all sorts of obstacles. a lot of those obstacles of melted -- have melted away. it is like the regulatory issue. , thisve to risk assess i the consequences are, -- decide what the come -- consequences are. we have not seen this in a long time. >> i know you guys focused on this as well. everything over $5 billion in the moment in the u.s. m&a market, it spreads over 30%. that is a staggeringly high number. what is happening? are they seeing something that we are not? i use the word idios
takeda being downgraded because it is seen as taking on too much debt. at&t doing $160 billion of debt. a company is saying, it doesn't matter about our credit rating so much. it doesn't matter if the credit investors are worrying about we are doing. >> it gives you a sense of how other priorities are. do you want to move your company forward first are do you want to attend your balance sheet first? against to be as simple as that. when the opportunity is there, you have to grab it....
55
55
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 55
favorite 0
quote 0
shaking up the drug making business, agreeing to buy a company for 62 billion dollars andash and stock, takeday are a top player in the rarement for -- of diseases. and some are finding difficulty filling prescriptions for the epipen. said they were experiencing supply challenges because of manufacturing delays. mylan shares are also trending lower. they report sales tomorrow. and a deep dive into credit card lending, a piece of the billions in fees and interest tied to products, goldman is weighing the move it plans to use the online lender, and wells fargo people.k at targeting the average household maintaining credit card debt pays $900 in interest each year. and a hong kong giant is expected to have a debut, expected to be the largest in the region since 2014. they will value the company between $50 billion and $100 billion. mi billionaire is already on the list. ofre is a market valuation $100 billion, pushing five into the world highest bracket. and that is your bloomberg business flash. what'd you miss? deutsche bank is considering a sweeping restructuring in the united states, and it c
shaking up the drug making business, agreeing to buy a company for 62 billion dollars andash and stock, takeday are a top player in the rarement for -- of diseases. and some are finding difficulty filling prescriptions for the epipen. said they were experiencing supply challenges because of manufacturing delays. mylan shares are also trending lower. they report sales tomorrow. and a deep dive into credit card lending, a piece of the billions in fees and interest tied to products, goldman is...
346
346
May 8, 2018
05/18
by
CNBC
tv
eye 346
favorite 0
quote 3
. >>> takeda pharmaceuticals striking a deal to acquire shire for $62 billion.he dill is t shares of takeda and shire are both moving higher on the news >> big developing story in the media industry, comcast said to be preparing to make an all-cash offer for fox, though it's early stages the offer would disrupt disney's current $52 billion deal to acquire most of fox's assets comcast will make the bid only if the government approves the at&t-time warner deal. we've been talking about the possibility that ifthat deal were to actually happen between at&t and time warner, it would mean the gloves are off, everybody will come in when i say everyone coming in, i don't know about everyone coming in on fox, but it would open up the world for verizon and in all sorts of ways. >> the constraints have been lifted >> that's theoretically the idea >> the one is purely vertical, at&t/time warner this is not, right >> the view within the industry is that it will open up a period of -- like a honeymoon period for a year or two where the department of justice, fcc will say we l
. >>> takeda pharmaceuticals striking a deal to acquire shire for $62 billion.he dill is t shares of takeda and shire are both moving higher on the news >> big developing story in the media industry, comcast said to be preparing to make an all-cash offer for fox, though it's early stages the offer would disrupt disney's current $52 billion deal to acquire most of fox's assets comcast will make the bid only if the government approves the at&t-time warner deal. we've been...
38
38
May 8, 2018
05/18
by
BLOOMBERG
tv
eye 38
favorite 0
quote 0
regulators have set a deadline for takeda to make a firm offer for shire which had been seeking a cashncrease. we are at the time of the day where we are getting the markets in hong kong. have a look at the opening numbers. 30,136 and change. 5/10 of 1% to the upside. flat on the shanghai composite. csi as well. the benchmark, let's get back to beijing where stephen engle this any by with jb morgan ceo and chair jamie dimon. stephen: we are back at the china global summit. we welcome in our listeners on bloomberg radio. jamie dimon, thank you so much. we were talking when we went into a break about the sustainability about the u.s. recovery. the possible inverting of the yield curve or the 10 year treasury going above 3%, do you still think this is a long-term sustainable recovery? jamie: somebody asked me once the odds of a recession, i said 100%. the question is when. right now the american economy is strong. more people are going back to work. houses in short supply which is a plus for the economy. the capital markets are wide open. much less leverage in the financial system than th
regulators have set a deadline for takeda to make a firm offer for shire which had been seeking a cashncrease. we are at the time of the day where we are getting the markets in hong kong. have a look at the opening numbers. 30,136 and change. 5/10 of 1% to the upside. flat on the shanghai composite. csi as well. the benchmark, let's get back to beijing where stephen engle this any by with jb morgan ceo and chair jamie dimon. stephen: we are back at the china global summit. we welcome in our...
108
108
May 9, 2018
05/18
by
BLOOMBERG
tv
eye 108
favorite 0
quote 0
cicada coming through -- cicada coming off of the bell -- takeda coming off of the bell.s gains. toyota in focus ahead of its earnings, basically saying the strong yen is going to impact. we could see a revenue decline for toyota, the first time in a year. cba in focus, it has come through with its profit of 2.3 5 billion aussie dollar's, they ae reporting a rise in homeowners. billiton up, getting a boost in oil. marketssee oil rebalance in 2018. yvonne: president trump did not mince his words in pulling the u.s. out of the iran deal, describing it as rotten, one-sided, and horrible. >> in just a short time, the world's leading state sponsor of terror will be on the cusp of acquiring the world' most dangerous weaponss. therefore, i am announcing today that the united states will withdraw from the iran nuclear deal. yvonne: let's get to our senior international editor, joining us in hong kong to talk about what is next. there was going to be a 90 day window, 180 wind down period before they do reimpose these sanctions. is that going to give enough room to negotiate a new
cicada coming through -- cicada coming off of the bell -- takeda coming off of the bell.s gains. toyota in focus ahead of its earnings, basically saying the strong yen is going to impact. we could see a revenue decline for toyota, the first time in a year. cba in focus, it has come through with its profit of 2.3 5 billion aussie dollar's, they ae reporting a rise in homeowners. billiton up, getting a boost in oil. marketssee oil rebalance in 2018. yvonne: president trump did not mince his words...
71
71
May 10, 2018
05/18
by
BLOOMBERG
tv
eye 71
favorite 0
quote 0
if the tent -- you look at the shire deal, takeda was devalued on that. rates taken a backseat to m&a opportunities in this market? >> we are at an extraordinary time for strategic activity. there is disruption in all industries, some more than others. companies have to deal strategically with their businesses and looking to expand in other areas. that strategic behavior is taking presidents over almost anything else in their arsenal. it is not that the companies want to get downgraded, but the strategic imperative is taking president. >> does that mean companies are taking more risk than they should be? the would argue that is not case, it is a great time to be taking on other debt. the cost of capital is extraordinarily attractive. when you have a strategic imperative and can finance at such attractive rates, it is value creation. it is a great time to be accessing that capital. up the debt moved ranking in the last few years. curve inmoved up the terms of what you're comfortable with? has been marked more by equity and m&a orientation. we recognized a
if the tent -- you look at the shire deal, takeda was devalued on that. rates taken a backseat to m&a opportunities in this market? >> we are at an extraordinary time for strategic activity. there is disruption in all industries, some more than others. companies have to deal strategically with their businesses and looking to expand in other areas. that strategic behavior is taking presidents over almost anything else in their arsenal. it is not that the companies want to get...
75
75
May 8, 2018
05/18
by
BBCNEWS
tv
eye 75
favorite 0
quote 0
. existing policyholders. year‘s premium on renewal notices. by the japanese pharmaceutical firm, takeda! not if the favourite wins, for example. in its online sales. fixed 0dd betting terminals? nose, and currently you can bet up to £100 per stake. nose, and currently you can bet up to £100 perstake. nose, and currently you can bet up to £100 per stake. —— reviewing those. those. thursday of this week, but it could have a serious impact on the sector. have a serious impact on the sector. would you know who i‘m talking about? no. he was famous for his tv ads for the company remington. ads for the company remington. appear that elon musk is doing something similar. something similar. he has bought a load of shares in his own company. load of shares in his own company. would burn anyone betting against him. him. trying to short sell shares that he would not let it happen. would not let it happen. selling is where you make a profit where the share price falls. where the share price falls. so on monday he spent £7. monday he spent £7. tesla shares bringing his stake in the company close to 2
. existing policyholders. year‘s premium on renewal notices. by the japanese pharmaceutical firm, takeda! not if the favourite wins, for example. in its online sales. fixed 0dd betting terminals? nose, and currently you can bet up to £100 per stake. nose, and currently you can bet up to £100 perstake. nose, and currently you can bet up to £100 per stake. —— reviewing those. those. thursday of this week, but it could have a serious impact on the sector. have a serious impact on the...