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Pfizer, Wyeth deal gets clearance in China

Source: Miami Herald
Shanghai : China | about 1 month ago  
Views: 119
Drug developer Pfizer Inc. said Tuesday China's ministry of commerce approved the company's $68 billion buyout of rival Wyeth. Pfizer will divest certain animal health assets in China, the New York-based company said. The buyout deal still needs regulatory approval in the U.S., Canada, and Australia....
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    Chinese authorities have approved Pfizer and Wyeth's merger. Wyeth is by far my largest holding. The deal could close as easly as next week as finall approvals are expected in the coming days. There is a $4o billion+ cash component to ...
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    Heard on the Street: Abbott Solves Financial Equation Abbott Strikes Deal on Solvay Unit J&J Buys 18% Stake in Crucell Health Blog: Deals to Improve Access to Vaccine Market The deals follow Pfizer Inc.'s accord earlier this year to acquire Wyeth, ..
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