T.O.’s Baxalta sold to an Irish firm

Deal valued at $32 billion

HEADED OVERSEAS—Ireland-based Shire has purchased Baxalta, which has 1,300 employees in the Conejo Valley. The effects of the change in ownership are unknown.
Less than a year after spinning off from Baxter Healthcare, Baxalta has been purchased by a European pharmaceutical company who will move the company’s headquarters overseas.
Ireland- based Shire acquired Baxalta this month for $32 billion.
What effect the change in ownership will have on Baxalta’s two locations— and 1,300 employees—...

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