Blockbuster merger between two drug giants imminent

US-based Pfizer in talks to buy Dublin based Allergan for as much as $380 a share

20th November, 2015
Deal could happen on Monday Pic: Getty

A mega merger between Pfizer and Allergan could come as early as Monday - valuing the Irish Botox-maker as high as $150bn.

US based Pfizer is understood to be in advanced talks to buy Dublin-domiciled Allergan for as much as $380 a share.

The proposed deal, still under negotiation, would probably see Pfizer redomicile in Ireland, where Allergan is registered and corporation taxes are much lower.

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