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Astra Zeneca and Pfizer: Five things you need to know
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As the Astra Zeneca Pfizer deal gets more bad tempered and political, what are the side effects of this massive drug firm deal? Here are five things you need to know.:
- The deal is potentially worth around 100 billion dollars.
- American firm Pfizer is accused to only wanting to buy the British company Astra Zeeneca to take advantage of lower UK corporate rates.
- The deal has split political opinion in the UK with opposition parties urging the government to intervene.
- The deal could end up being decided by the European Commission which could overrule the UK government.
- The Swedish finance minister warned to take Pfizer’s promises with “a sackful of salt”