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Pfizer Makes Final Bid for AstraZeneca

Ups offer to $120 billion

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By: Kristin Brooks

Managing Editor, Contract Pharma

Pfizer has made its fourth and final proposal to acquire AstraZeneca in a transaction valued at $120 billion, with 45% in cash. This latest offer represents a 45% increase of the total price and values AstraZeneca shares at £55 ($92.48) each. AstraZeneca declined to comment, but is reviewing the statement Pfizer issued.   Pfizer set forth terms of an improved proposal with a value of £53.50, with Pfizer and AstraZeneca shareholders owning approximately 74% and 26%, respectively, of the combined ...

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