HEALTHCARE

Takeda Pharmaceuticals’ $62 billion acquisition of Shire plc has been approved by shareholders of both companies, paving the way for the deal to be completed next month. Takeda announced Tuesday evening that “at least 88 percent” of its shareholders had voted to approve the acquisition at a meeting held in Japan. … Read more at the Boston Business Journal.

 

DEVELOPMENT

New Revolution Hotel Opens in South End Today

The Revolution Hotel is scheduled to officially open on Wednesday, December 5, at 40 Berkeley Street in the South End. The 164-room inn replaced a YWCA and a hostel, and is aiming at younger travelers, both business and leisure, as well as creative types. To that end, the Revolution is conjuring up aspects of Boston’s pioneering past, in particular through artwork … Read more at Curbed Boston.

 

COMMERCIAL REAL ESTATE

Construction of The Whitney Gets Underway

A tucked-away Beacon Hill hotel with a medical past is transforming into one of Boston’s most luxurious places to stay. Charles Street is known for its mix of upscale shopping, restaurants and a second outpost of Savenor’s, Julia Child’s go-to butcher. The John Jeffries House was a budget-friendly bed-and-breakfast that operated for decades around the corner from the grocer, but that is now all in the past. … Read more at BisNow.