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Pfizer set for top 10 spot in India as formal Wyeth merger agreed

This article was originally published in Scrip

Executive Summary

Almost five years after Pfizer announced its $68bn acquisition of Wyeth globally, the two companies' already operationally "harmonized" India arms have approved plans for a formal legal merger, rewarding shareholders with a pre-merger dividend payout and promising improved long-term value from the combined entity.

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