Giant pharma deal reunites banks' $100bn club

Pfizer’s latest tilt at AstraZeneca brings together investment bankers who worked on last year’s $100bn+ Verizon/Vodafone deal

A group of senior investment bankers who worked on Verizon’s $130 billion deal with Vodafone last year are back in the boardroom for another potential $100 billion deal – Pfizer's approach for AstraZeneca.

Pfizer, the US pharmaceuticals giant this morning confirmed it had contacted AstraZeneca on April 26 seeking to renew discussions about a possible merger. The Wall Street Journal reported that a deal could be worth over $100 billion.

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