Pfizer and AstraZenica

[Pat494]

Let's hope this smash and grab deal is rejected. It just looks like another asset stripping exercise by a big US company on one of Britains best. If it is anything like the Cadbury deal then politicians and shareholders MUST try and learn the same old lesson. Don't believe all the sweet talking bull**** trotted out by highly paid PR bull**** merchants. They promised jobs were safe in the Cadbury deal and a week after the dirty deal was done they announced closure of the Bristol factory and lost jobs.

The pharma industry has a 15 year lead up time so Pfizer could do the dirty in 5 years time after stripping the top scientists and forward plans etc.

The Socialists have got it right this time ( wonders never cease ). The Cons should refuse the offers from the Pfizer pirates. Astra is an excellent company and is currently at about optimum size. It doesn't need Pfizer or it's borrowed cheap money from the usual sharks.
What's the betting they pocket loads of sweetners behind the scenes - the ratbags.

 

[Pat494]

If UK politicians had any pride in this country and it's people they would have limited these smash and grab raids by limiting foreign investment to 49% of UK companies.

Shameful or what

 

[Splitlink]

If UK politicians had any pride in this country and it's people they would have limited these smash and grab raids by limiting foreign investment to 49% of UK companies.

Shameful or what

Is that you walking away with that big bag full of dollars?

It's a leg pull. I am patriotic enough to not want AstraZeneca to go to foreign interests but I am not a shareholder. They must see some advantage to it, or the majority would not accept it.

 

[Pat494]

Like the take-over of Man Utd. Borrowed cheap money which finances the dirty deal.
I wouldn't be surprised if Cameron, assuming he gives in, didn't retire on a comfy deal like Blair. Perhaps financed by Pfizer - oops what a surprise. Ambassidor to er well Nigeria maybe or Africa perhaps ?

Can't trust the money grubbers when it's lolly time.

 

[Pat494]

Is that you walking away with that big bag full of dollars?

It's a leg pull. I am patriotic enough to not want AstraZeneca to go to foreign interests but I am not a shareholder. They must see some advantage to it, or the majority would not accept it.

The so called shareholders are mainly faceless bureaucrats working for investment banks, pension funds etc. They have no loyalty to Britain just a big payoff to themselves.

Are you pulling for Britain as you relax on the Costa Lotta, El Splitto ?

 

[Splitlink]

The so called shareholders are mainly faceless bureaucrats working for investment banks, pension funds etc. They have no loyalty to Britain just a big payoff to themselves.

Are you pulling for Britain as you relax on the Costa Lotta, El Splitto ?[/QUOTE

I have a foot in two countries. I'll, always, be a Brit but Spain has been been good to me and made me welcome.

 

[Jack o'Clubs]

That'll be the Astra Zeneca that was put together through myriad foreign M&A deals? Were you against Vodafone buying Mannesmann all those years ago to create one of the biggest British companies? It works both ways.

Do you really want us to turn into France? There's a reason 700,000 Frenchies live in London...

 

[Splitlink]

That'll be the Astra Zeneca that was put together through myriad foreign M&A deals? Were you against Vodafone buying Mannesmann all those years ago to create one of the biggest British companies? It works both ways.

Do you really want us to turn into France? There's a reason 700,000 Frenchies live in London...

British companies can take over as many foreigners as they like. That's different.

 

[Pat494]

That'll be the Astra Zeneca that was put together through myriad foreign M&A deals? Were you against Vodafone buying Mannesmann all those years ago to create one of the biggest British companies? It works both ways.

Do you really want us to turn into France? There's a reason 700,000 Frenchies live in London...

The first to lose their jobs would be in head office. They are hardly likely to support 2 management teams or sack their own, and so on. Regardless of the PR bullsh1t put out by professional truth avoiders and smarm merchants.

Lets hope Cameron doesn't sell out a top British company and restricts it to 49% max.

 

[Chris_Nomadic]

It looks like now we will have to wait 3 months for any other talks between the two companies, and that is only if AstraZeneca invites talks between the customers. It will take 6 months for Pfizer to make another tender offer without AstraZeneca inviting it.

 

[Pat494]

I think that is round 1 to team UK and British pride, not to mention jobs etc.
Have they given up ? Probably not.

 

[Splitlink]

I think that is round 1 to team UK and British pride, not to mention jobs etc.
Have they given up ? Probably not.

I did hear that the Americans were after US tax incentives, which they won't have in six months so, perhaps, they will bow out. In the meantime AZ might be able to make themselves more unattractive to a takeover--or, perhaps, more attractive to a higher bid--who knows?