Pharma BD Deal Intelligence

Pfizer Inc. / Allergan, Inc.

2015 · Acquisition/Merger · $160.0B · Terminated

Announcement Sentiment
50
Neutral / mixed
Outcome Score
29
Did not work — the deal failed to deliver.

Pfizer and Allergan agreed to merge in a $160 billion deal that would have created the world's largest pharmaceutical company. The deal was terminated in April 2016 after the US Treasury Department issued new rules targeting tax inversions.

Key facts

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