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BUZZ-Baxalta Inc: Shire looking at other targets - The Sunday Times

Reuters - UK Focus

** Drugmaker's shares down 2.8 pct at $35.05 in afternoon trading

** The Sunday Times reported on Sept. 6 that British drugmaker Shire Plc (Xetra: S7E.DE - news) is looking at other potential targets if its fails to buy Baxalta (Berlin: 9BX.BE - news) (http://thetim.es/1i78IKs)

** Report cites sources saying Shire's Chief Executive Flemming Ornskov does not view its bid for Baxalta as "do or die"

** Shire offered $30 bln to buy Baxalta on Aug. 4 in an all-stock deal

** Up to Friday's close, Baxalta stock had risen about 9 pct since Shire made its offer public