Nonversion: AbbVie – Shire deal falls through but inversions will continue

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Nonversion: AbbVie – Shire deal falls through but inversions will continue

Matthew Gilleard
October 23 2014

The impact of a US Treasury Notice to reduce the benefits of tax inversion deals is taking effect. AbbVie has scrapped its proposed $54 billion takeover of Shire, and Salix and Cosmo have decided not to combine either.

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Matthew Gilleard worked at ITR between 2010 and 2016
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