Sunday, 27 April 2014

Pfizer confirms desire to buy AstraZeneca


The Pfizer logo is seen next to a U.S. flag in a conference room at their world headquarters in New York LONDON (Reuters) - U.S. drugmaker Pfizer confirmed on Monday it made a bid approach to AstraZeneca in January and had contacted its British rival again on April 26 seeking to renew discussions about a takeover. A Pfizer bid for AstraZeneca would be one of the largest ever pharmaceuticals deals. The renewed approach comes amid a wave of M&A in the sector. (Reporting by Ben Hirschler; editing by James Davey)








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