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Story file

AstraZeneca and Bristol Myers Squibb potential merger

The developments in this story so far, most recent first.

  1. · date approximate Breaking

    AstraZeneca and Bristol Myers Squibb in merger discussions, FT reports

  2. · date approximate Background

    AstraZeneca and Bristol Myers Squibb have been discussing a merger over the last few months.

    The Financial Times reported that UK-based AstraZeneca and US competitor Bristol Myers Squibb telah been discussing a merger over the last few months.

    According to reports, the proposed merger would result in a joint company valued at approximately $400 billion and would stand as one of the largest in history. Neither AstraZeneca nor Bristol Myers Squibb immediately responded to requests for comment regarding these discussions.