Arab Today, arab today cameron calls for pfizer assurance on astrazeneca tieup
Last Updated : GMT 18:52:27
Arab Today, arab today
Arab Today, arab today

Cameron calls for Pfizer assurance on AstraZeneca tie-up

Arab Today, arab today

Arab Today, arab today Cameron calls for Pfizer assurance on AstraZeneca tie-up

London - AFP

British Prime Minister David Cameron called on US pharmaceutical giant Pfizer on Wednesday to give more assurances that its takeover bid for AstraZeneca is in Britain's national interest. As a political row over the takeover bid by a US firm intensified, Cameron said Britain "benefits massively" from foreign investment and warned against allowing the controversy to trigger a retreat to protectionism. But he told parliament that the US firm had yet to convince him that the purchase of a company employing 6,700 people in Britain would be in the national interest. Facing questions in the House of Commons, Cameron said the commitments made so far -- including retaining at least 20 percent of the research and development workforce in Britain -- were "encouraging". He said: "Let me be absolutely clear, I'm not satisfied, I want more. But the way to get more is to engage, not to stand up and play party politics." . He added: "The more we can do to strengthen the assurances the better." AstraZeneca has so far rebuffed approaches from Pfizer, but Pfizer has hinted that it could launch a hostile takeover if the stalemate persists. A deal around the £60 billion ($101.8 billion) mark would be the biggest ever foreign takeover of a British company. Cameron dismissed suggestions from the leader of the main opposition Labour Party, Ed Miliband, that he was "cheerleading" for the deal by instructing cabinet ministers to discuss the situation with both companies. He said he agreed with the position taken by Business Secretary Vince Cable, who refused on Tuesday to rule out intervening to block a formal bid. "The most important intervention we can make is to back British jobs, British science, British R&D, British medicines and British technology," Cameron said. "We know what happens when you do not engage... "We are fighting for British science and I just think it is a pity that he (Miliband) is trying to play politics rather than backing the British national interest."

arabstoday
arabstoday

GMT 13:46 2017 Thursday ,19 October

Samsung's revamped Bixby takes on Amazon Alexa

GMT 21:35 2017 Wednesday ,18 October

King congratulated by Premier on BIDEC success

GMT 21:27 2017 Wednesday ,18 October

Shaikh Nasser praises Derasat efforts

GMT 11:54 2017 Wednesday ,18 October

Airbnb rentals boom across Africa

GMT 18:06 2017 Tuesday ,17 October

Three companies offering to search for MH370

GMT 19:24 2017 Sunday ,15 October

Royal Jordanian eyes operating profit this year

GMT 19:19 2017 Sunday ,15 October

London court adjourns Dana Gas sukuk trial

GMT 17:28 2017 Sunday ,15 October

Weinstein film studio facing sale or shutdown
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron calls for pfizer assurance on astrazeneca tieup Arab Today, arab today cameron calls for pfizer assurance on astrazeneca tieup

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron calls for pfizer assurance on astrazeneca tieup Arab Today, arab today cameron calls for pfizer assurance on astrazeneca tieup

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday