AstraZeneca tipped for possible takeover, but FTSE 100 drops nearly 2% on eurozone and US data
Guardian Friday 4th May, 2012
, including the announcement that longstanding chief executive David Brennan would leave in June, could prompt a bid for the business, analysts have suggested.Despite GlaxoSmithKline ruling itself out as a possible predator on Thursday, UBS said Astra was increasingly likely to see major strategic changes this year. The bank's analyst Gbola Amusa saw three possibilities, not mutually exclusive: Astra buys low cost medicines to distribute through ...
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