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    Home > Active Ingredient News > Drugs Articles > How does Susan Kilsby manipulate the acquisition of shire by Aberdeen?

    How does Susan Kilsby manipulate the acquisition of shire by Aberdeen?

    • Last Update: 2014-07-17
    • Source: Internet
    • Author: User
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    Source: shire may agree to the £ 31.4bn ($53.7bn) offer after e-medicine Facebook 2014-07-17 lead declined the previous four bids The rejection helped shire raise her price by 54% If the deal is finally concluded, it will not only be the largest cross-border deal in the pharmaceutical industry, but also in all industries so far this year, and fully demonstrate Susan Kilsby's wisdom in M & A transactions In 2008, fortune brands, an American consumer goods giant, was bidding for the maker of absolut vodka in Sweden Fortune brands asked Susan Kilsby for advice on this At that time, Kilsby, a M & a banker at Credit Suisse, suggested that the company was worth more than fortune wanted to pay Norm Wesley, head of fortune brands, later said that Kilsby told them what she thought the price was, but at that time they all thought she was crazy and the price couldn't be that high But it turned out that Kilsby was right, and fortune lost to the higher bidder This time, Kilsby, 55, once again demonstrated her wisdom in M & A After rejecting the previous four offers, shire is likely to agree to the £ 31.4 billion ($53.7 billion) offer from Aberdeen The rejection helped shire raise her price by 54% If the deal is finalized, it will be not only the pharmaceutical industry, but also the largest cross-border deal of all industries so far this year In a telephone interview, Scott Lindsay, head of M & A at Credit Suisse in New York, told Bloomberg that Kilsby's M & a skills had made Alberto bid five times without giving up the negotiation "She not only shows great respect for the value of shareholders, but also has the ability to make the deal happen." Kilsby confirmed some personal information in an email to Bloomberg, but declined to comment further on the acquisition as the negotiations continued Baseball team ticket: Kilsby is an American citizen who has lived in London for many years and holds a British passport Now he lives in Switzerland As an American citizen, she bought season tickets for the New York metropolitan baseball team In his 34 year investment banking career, Kilsby has served First Boston, Bankers Trust, Barclays de zoete Wedd and Credit Suisse Kilsby is educated in the United States with an undergraduate degree in economics from Wellesley College and an MBA from Yale University Her husband is Richard Kilsby, chairman of 888 holding PLC Kilsby has two stepchildren, James, 31, a journalist in Washington, and Amanda, 20, a doctor in the UK In April, Kilsby left Credit Suisse to succeed Matthew emmens as shire's chairman Emmens had been in this position for six years before retiring However, after arriving in shire, Kilsby is still a part-time senior consultant of Credit Suisse Although the details of the negotiations between shire and Aberdeen have not been heard from the outside world, Wesley of fortune brands believes that shire's shareholders can rely on Kilsby to make the right decisions for them "It's an exception," Wesley said of Kilsby "I've met a lot of investment bankers in my life, usually driven by prices, looking for their own best interests But Susan is the exception I never felt that she put anyone's interests above shareholders " After acquiring shire, Aberdeen will have operating facilities in both the UK and the US, and will be able to move the company to the UK For abwi, the deal is expected to bring two benefits: a lower business tax rate; and an increase in rare disease and attention deficit disorder drugs to reduce the company's dependence on the rheumatoid arthritis blockbuster Humira, which currently accounts for more than half of the company's total sales Under UK takeover rules, the two companies need to close a deal by the July 18 deadline or apply for an extension Aberway's bid for shire is another recent overseas acquisition by a US company seeking to reduce tax rates and free control of overseas cash On June 15, Medtronic, the US medical device giant, agreed to buy Covidien, based in Dublin, Ireland, for $42.9 billion Pfizer also offered $117bn earlier this year in hopes of acquiring London based AstraZeneca If the deal is not rejected, it could be the biggest in the pharmaceutical industry's history Wesley, a director of four companies, was extremely impressed with Kilsby, so last year when he became chairman of Keurig green mountain (GMCR), he invited Kilsby to join the company's board of directors In May, Kilsby suggested Keurig CEO Brian Kelley trade with Coca Cola, which increased its stake in Keurig to become its largest shareholder Keurig is Kilsby's fourth company as a director After becoming head of Credit Suisse's EMEA team in 2011, Kilsby joined the board of directors of shire Two other companies on which she is a director are Coco Cola HBC AG, a bottled drinks company, and BBA aviation PLC, a business jet provider Lindsay of Credit Suisse says Kilsby is one of the few investment bankers who can understand how to do deals in the US and Europe at the same time While working at Credit Suisse, Kilsby proposed that American spirits producer beam Inc accept a US $16 billion acquisition from Japan's Suntory Holdings Ltd In 2008, she also participated in the acquisition of altadissa, a French tobacco company, by Imperial Tobacco Group PLC for 12.6 billion euros Jack Maier and Kilsby were colleagues at Credit Suisse more than a decade ago and are now heads of headquarters MB, an investment bank In a telephone interview, Maier said, "I don't remember that Kilsby lost control or even just raised her voice I don't remember her enemies either She's been successful in a variety of roles, and over the years, she's survived a series of restructuring and layoffs " About 12 years ago, Kilsby co founded the competitor diversity forum in London with Marisa drew, head of the European Investment Bank of Credit Suisse and head of global markets, sharing her expertise with other women in the financial world Drew said she jumped from Merrill Lynch to Credit Suisse, partly because of Kilsby In a telephone interview, drew said, "at that time, there were two companies in my consideration The major factor that ultimately influenced the selection of Credit Suisse was that I wanted to see the success of Kilsby." At Keurig's board, Ms Welsey said, Ms Kilsby listened more and said less "People listen when she speaks, because she usually has something to say." Wesley said that Kilsby was one of the people he wanted to hear from in difficult M & A cases He added, "if you're going to start a M & a war, the value of Kilsby's advice is more than anyone else's The fact is that shire is very lucky to have her as chairman "
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