Deals
Shire’s Right-on-the-Money Kilsby Drives Up Deal’s Price
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As an investment banker and now chairwoman of Shire Plc, Susan Kilsby has built her reputation on picking a high price target, and sticking to it.
When Fortune Brands Inc. was weighing a bid for the Swedish maker of Absolut vodka in 2008, the company sought advice from Kilsby, then a mergers and acquisitions banker with Credit Suisse AG. She told them the company was worth far more than Fortune was willing to pay.