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Shire loads up with loans for NPS Pharma takeover

Merck KGaA 230x150

Shire has raised over $3bn in loans in the last month for its $5.2bn takeover of NPS Pharma. The bio-pharmaceutical company is paying a high premium for NPS’s assets, but Shire may also be loading up on debt to deter takeover bids from rivals, said bankers.

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