Elan surge keeps ISEQ up

Elan stock surged by €1.30 to €18.30 in morning ISEQ trading today after a newspaper report that US company Biogen was considering a bid for the company.

Elan surge keeps ISEQ up

Elan stock surged by €1.30 to €18.30 in morning ISEQ trading today after a newspaper report that US company Biogen was considering a bid for the company.

The Sunday Tribune yesterday quoted US sources as saying that Biogen was looking at an €8.5bn all-share offer and that a deal could be struck within nine months.

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