Bloomberg Takeda Pharmaceutical Co. reached a preliminary agreement to buy Shire Plc with a sweetened takeover offer of about $64 billion, closing in on a takeover that would vault it into the ranks of the world’s top pharma companies. The UK-listed company’s board said it was willing to recommend the latest offer to shareholders, and the companies got more time ...

Bloomberg Months after calling off a planned partnership with Tata Motors Ltd., Volkswagen AG signalled it isn’t shutting the door on a tie-up with the Indian automaker as it works on a strategy to bring budget cars to millions of cost-conscious buyers in the South Asian country. Cooperation with the owner of Jaguar Land Rover Plc is possible “in principle” ...

Bloomberg Bharti Airtel Ltd. agreed to merge its tower unit with Indus Towers Ltd. in a deal that creates a $14.6 billion operator of telecom facilities that’s the largest outside China. The merger with Bharti Infratel Ltd. creates an entity controlling more than 163,000 towers across India, Bharti Airtel said in a statement. Under the deal, Bharti Infratel agreed to ...