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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (9102)5/18/2006 7:34:53 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 9523
 
Wyeth enters race for Pfizer's OTC business
By Lina Saigol in London and James Politi in New York
Published: May 18 2006 23:43 | Last updated: May 18 2006 23:43

Wyeth, the US pharmaceuticals group, has joined the list of bidders vying to acquire Pfizer's consumer healthcare division in an auction that could value the maker of Sudafed and Listerine at more than $14bn.

Wyeth is expected to make an offer for Pfizer's over-the-counter business ahead of the next deadline for bids on June 6, according to people familiar with the situation.

Link: news.ft.com