Tag: reignite-debate
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Pfizer set to buy Allergan for more than $150 billion: sources
The deal, the largest ever in the healthcare sector, will be announced on Monday and is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called “inversion” that would slash its corporate tax rate. It will also reignite debate in the…
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Pfizer set to buy Allergan for more than $150 billion
The deal, the largest ever in the healthcare sector, is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called “inversion” that would slash its corporate tax rate. It will also reignite debate in the pharmaceutical industry over the role of…