![Pfizer and Allergan scrap $160 billion "inversion" deal](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2016/04/06/476483-pfizer740.jpg "Pfizer and Allergan scrap $160 billion "inversion" deal")
Pfizer and Allergan scrap $160 billion "inversion" deal
US drugmaker Pfizer Inc and Ireland-based Allergan Plc formally announced the scrapping of their $160 billion merger on Wednesday, in a big win for President Barack Obama who has been pushing to curb tax-slashing "inversion" deals.
Apr 06, 2016, 17:29 PM IST
Pfizer, Allergan to mutually terminate merger on Wednesday morning, source says
Drugmakers Pfizer Inc and Allergan Plc will mutually terminate their merger early Wednesday morning, according to a source familiar with the matter.
Apr 06, 2016, 09:32 AM IST
Pfizer to buy Allergan in $160 bn deal to create world's biggest drugmaker
Pfizer Inc, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan in a transaction valued at about $160 billion, creating the world's biggest drugmaker.
Nov 23, 2015, 11:46 AM IST
