Tag: Barack Obama

April 5, 2016 Off

New U.S. inversion rules threaten Pfizer-Allergan deal

The U.S. Treasury Department took new steps on Monday to curb tax-avoiding corporate “inversions,” with the pending $160 billion merger of Pfizer Inc and Allergan Plc seen as a potential casualty.

November 24, 2015 Off

Pfizer to buy Allergan in $160 billion deal

By Dino Mustafić

Pfizer Inc on Monday said it would buy Botox maker Allergan Plc in a deal worth $160 billion (£106 billion) to slash its U.S. tax bill, rekindling a fierce political debate over the financial manoeuvre.