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Pfizer ups offer for AstraZeneca to $84.19 per share; AZ board not interested

Executive Summary

After proposing to pay $78.48 (£46.61) back in January, Pfizer Inc. upped its offer for AstraZeneca PLC to $84.19 per share--a 17% discount based on the original bid date and 43% based on the current market average--valuing the transaction at $106bn.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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