09
Jul

Analysts generally believe that big takeovers are easier to pull off under the U.K.’s M&A guidelines. But you’d better not ignore the very specific rules of the game. AbbVie got a lesson on that score yesterday after CEO Richard Gonzalez confidently confided to a number of major news outlets, including the Financial Times and Reuters, that he had already chatted up most of Shire’s big investors and won their support for a $51 billion buyout.

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Source: International brouhaha over AbbVie misstep highlights U.K.’s M&A rules

    

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