`The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** Chicago-based AbbVie Inc said it was reconsidering its $55 billion takeover of Shire Plc weeks after the U.S. government moved to curb deals designed to reduce tax, wiping $13 billion off the London-listed firm's stock price.** ConvaTec's owners have appointed Morgan Stanley and Goldman Sachs Group Inc to explore a sale of the medical device maker which could be worth up to $10 billion, sources familiar with the matter said.
AbbVie Inc. (AbbVie) is a research-based pharmaceuticals company. Shares of ABBV fell by 3.51% or $-1.902/share to $52.23. In the past year, the shares have traded as low as $45.50 and as high as $60.02. On average, 12262900 shares of ABBV exchange hands on a given day and today's volume is recorded at 36340936.
The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 1.9% or $-3.4/share to $175.30. In the past year, the shares have traded as low as $151.65 and as high as $189.50. On average, 2655050 shares of GS exchange hands on a given day and today's volume is recorded at 637756.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 2.64% or $-0.87/share to $32.14. In the past year, the shares have traded as low as $28.13 and as high as $36.44. On average, 9395120 shares of MS exchange hands on a given day and today's volume is recorded at 2298653.
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