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AstraZeneca and Bristol Myers Squibb Reportedly Discussing $400 Billion Merger

AstraZeneca and Bristol Myers Squibb are reportedly in talks regarding a potential $400 billion merger, which would create one of the world's largest pharmaceutical companies. Following the reports, AstraZeneca's shares experienced a significant drop.

2 Aug, 20:20 — 3 Aug, 10:43
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Excellent (92/100)
15 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L2
Far Left (2)
The IndependentThe Guardian
Left2
Left (2)
cnbcYahoo
Center4
Center (4)
marketwatchReutersbloombergFT
Right7
Right (7)
la-vanguardiaobservadorirish-independentcapital-bgwsjfazseeking-alpha
Far R
Geographic diversity8 regions34/34
US6UK3Spain1Portugal1Ireland1Bulgaria1Intl1Germany1

Sources

Showing 10 of 15 sources
ReutersVery High4h ago

AstraZeneca shares slide 7% after reports of Bristol Myers talks - Reuters

AstraZeneca shares slide 7% after reports of Bristol Myers talks  Reuters

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bloombergHigh7h ago

AstraZeneca Is Said to Have Explored Bristol Myers Merger

AstraZeneca has explored an acquisition of Bristol Myers Squibb, according to people familiar with the matter. It’s unclear if discussions are ongoing or whether they will result in a transaction, the people cautioned. A representative for AstraZeneca declined to comment and Bristol Myers Squibb couldn’t immediately be reached for comment on the talks. Bloomberg's Manuel Baigorri reports. (Source: Bloomberg)

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wsjHigh4h ago

AstraZeneca Shares Drop After Reports of Bristol Myers Squibb Merger Talks - WSJ

AstraZeneca Shares Drop After Reports of Bristol Myers Squibb Merger Talks  WSJ

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FTVery High8h ago

FirstFT: AstraZeneca and Bristol Myers Squibb discuss $400bn tie-up

Also in today’s newsletter: Ceuta migrant crossing and Uefa’s response to failed Fifa plan

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The GuardianMostly Factual5h ago

AstraZeneca holds talks with Bristol Myers Squibb on $400bn merger

Tie-up would be one of the biggest pharmaceutical deals ever and create the world’s fourth-largest drugmaker Business live – latest updates Britain’s biggest drugmaker AstraZeneca is in discussions to take over its US rival Bristol Myers Squibb in a deal that would create a near-$400bn (£300bn) pharmaceutical group. AstraZeneca, run by longtime chief executive Pascal Soriot, is the second-biggest listed company in the UK, with a market value of nearly £196bn. BMS, headquartered in Princeto...

By Julia Kollewe

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cnbcMostly Factual5h ago

AstraZeneca shares drop 7% after report on $400 billion merger talks with Bristol Myers Squibb

The companies have discussed a potential merger over several months, the Financial Times reported on Sunday.

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marketwatchMostly Factual2h ago

AstraZeneca tie-up talks with Bristol-Myers Squibb are moving stocks. Analysts are puzzled.

AstraZeneca shares were slumping while Bristol-Myers Squibb was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical giants would want to come together in the first place.

By Steve Goldstein

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The IndependentMostly Factual5h ago

AstraZeneca in talks over £300bn mega-merger with US rival – reports

The move would mark one of the industry’s largest ever deals and create the world’s fourth largest pharmaceutical company.

By Henry Saker-Clark

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YahooMostly Factual16h ago

AstraZeneca plots £300bn tie-up with US rival

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irish-independent3h ago

AstraZeneca in talks over potential Bristol-Myers Squibb megadeal that would create world’s biggest drugmaker

By Kelly Gilblom

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Coverage Timeline

First report: seeking-alpha · 2 Aug, 19:23Full coverage: 15 · 16hWindow: 16h
Left-leaningCenterRight-leaning
seeking-alpha2 Aug, 19:23First to report

AstraZeneca, Bristol Myers held merger talks, Financial Times reports

Yahoo2 Aug, 20:20

AstraZeneca plots £300bn tie-up with US rival

7h later
faz3 Aug, 02:57

Business-Ticker: AstraZeneca prüft laut Insider Fusion mit Bristol Myers

2h later
FT3 Aug, 04:35

FirstFT: AstraZeneca and Bristol Myers Squibb discuss $400bn tie-up

1h later
bloomberg3 Aug, 05:46

AstraZeneca Is Said to Have Explored Bristol Myers Merger

1h later
The Guardian3 Aug, 07:08

AstraZeneca holds talks with Bristol Myers Squibb on $400bn merger

The Independent3 Aug, 07:14

AstraZeneca in talks over £300bn mega-merger with US rival – reports

cnbc3 Aug, 07:52

AstraZeneca shares drop 7% after report on $400 billion merger talks with Bristol Myers Squibb

wsj3 Aug, 08:06

AstraZeneca Shares Drop After Reports of Bristol Myers Squibb Merger Talks - WSJ

Reuters3 Aug, 08:07

AstraZeneca shares slide 7% after reports of Bristol Myers talks - Reuters

capital-bg3 Aug, 08:37

AstraZeneca преговаря с Bristol Myers Squibb за сливане на стойност 400 млрд. долара

irish-independent3 Aug, 09:04

AstraZeneca in talks over potential Bristol-Myers Squibb megadeal that would create world’s biggest drugmaker

1h later
observador3 Aug, 10:33

AstraZeneca negoceia fusão com Bristol Myers Squibb

marketwatch3 Aug, 10:43

AstraZeneca tie-up talks with Bristol-Myers Squibb are moving stocks. Analysts are puzzled.

la-vanguardia3 Aug, 11:25Latest update

AstraZeneca y Bristol Myers Squibb estudian una fusión de 400.000 millones de dólares