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Pfizer in takeover talks with Allergan: report
Deal will create world's largest healthcare group with a market value of US$330 billion
Add BT as a preferred sourcePublished Thu, Oct 29, 2015 · 09:50 PM
New York
PHARMACEUTICAL giant Pfizer Inc has held early talks with Botox-maker Allergan plc to discuss what could be the biggest takeover deal this year, the Wall Street Journal and Financial Times reported.
The healthcare sector has seen an unprecedented wave of deals since early 2014, from large drugmakers buying up smaller rivals, to consolidation among makers of generic medicines and tie-ups between insurers.
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