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This corporateinversion deal also saw the Michigan company move its domicile to Dublin.
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So far in 2014, nine corporateinversion transactions have been struck, the most in any given year.
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So far in 2014, ten corporateinversion transactions have been struck, the most in any given year.
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It was one a spate of tax-driven transactions at the time, mostly by US companies, known as corporateinversion.
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Other US healthcare multinationals drawn recently to corporateinversion include Pfizer, although its takeover approach for AstraZeneca was ultimately rebuffed.
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It's not all down to corporateinversion -that bête noir of US politicians -although undoubtedly a lot of it is.
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Many American firms with big offshore cash reserves have been experimenting with " corporateinversion" mergers, which involve switching headquarters out of the US.
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Trump said he thinks corporateinversions cost the United States twice as much as estimated.
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A recent bid from drug-maker Pfizer Inc to acquire AstraZeneca Plc, renewed attention on corporateinversions.
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Corporateinversion - moving the head office for tax purposes Read more Why are they unpopular?
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This was in part due to a number of high-profile corporateinversions featuring Irish domiciled companies, including Pfizer-Allergan and Shire-Baxalta.
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Pfizer and Allergan are not the only companies juggling with the fallout from the US Treasury's new rules on corporateinversions.
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Last March, President Barack Obama announced plans to stop corporateinversions by year-end, and to cut the US corporate tax rate.
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US treasury secretary Jack Lew had dealt a blow to Ireland with his latest crackdown on a process known as corporateinversions.
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Senator Carl Levin, chair of the permanent subcommittee on investigations, was joined by 13 other senators in introducing the Stop CorporateInversions Act.
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Barack Obama sees something of the night in corporateinversions, in which US giants move headquarters to places such as Ireland for tax reasons.