Saturday August 8, 2020

The Greening of Pfizer

The Pfizer-Allergan deal has brought protests from US presidential candidates

Barry J Whyte

Chief Feature Writer

29th November, 2015
Pfizer was established in Brooklyn in 1849. Now it's set to become Irish.

The United States has a tax problem. Take just one example: in 2008, brewing company Anheuser-Busch, which can trace its St Louis, Missouri roots back to the establishment of saloon keeper George Schneider’s Bavarian Brewery in 1852, was sold to Belgian beer giant InBev for $52 billion.

The deal turned it from the archetypal US company - the brewer of all-American beer Budweiser - paying an average 39.2 per cent corporate tax rate, to a Leuven-headquartered...

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