Tag Archives: pfizer

Vince Cable writes…Strengthening confidence in the UK’s takeover laws

London Stock Exchange photo by Jam_90sThe attempted but abortive Pfizer takeover bid for AstraZeneca has triggered a timely political debate in the UK about whether the safeguards in mergers and takeover legislation are adequate – especially when significant research and development assets are at stake.  It is now clear to me that some changes should be made.

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Headline of the day: How exactly do you “bloke” a takeover?

You’ve got to love this headline from the Yorkshire Post:

Vince blokes takeover

In the article, Vince is reported as telling the Commons Business Committee that he and the government were prepared to intervene over Pfizer’s planned takeover of Astra Zeneca, emphasising how important it was to protect the research base in the UK.

He said:

Yes, we work as a team and my colleagues have made very clear that, like me, they want options kept open.

We recognise that we have to keep the options open both in terms of

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