JPY / Salix / TakedaSo when the originally offer came through from Takeda the YPN was trading at 103 to 1US. When the negotiations took a break in December it was trading at 117 to 1US. Thats why Takeda wanted a billion discount because they lost a 1 billion on the currency exchange. They are budgeting 15 billion for aquisitions. So with the aquisition they made beginning of the year they would of had enough money for both aquisitions. Expect round 2 to occur when the JPY strengthens, should be in another month or so as Japan's economy is recovering fairly quickly. And this month JPY is starting to recover. https://www.xe.com/currencycharts/?from=USD&to=JPY&view=1Y