{"id":96827,"date":"2026-08-04T04:23:51","date_gmt":"2026-08-04T04:23:51","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/96827\/"},"modified":"2026-08-04T04:23:51","modified_gmt":"2026-08-04T04:23:51","slug":"astrazeneca-share-prices-drop-amid-300bn-mega-merger-talks-with-us-rival","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/96827\/","title":{"rendered":"AstraZeneca share prices drop amid \u00a3300bn mega-merger talks with US rival"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Reports suggest <a href=\"https:\/\/www.independent.co.uk\/topic\/astrazeneca\" data-ylk=\"slk:AstraZeneca;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;AstraZeneca&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">AstraZeneca<\/a> has engaged in discussions with its US counterpart, Bristol Myers Squibb, regarding a potential <a href=\"https:\/\/www.independent.co.uk\/topic\/merger\" data-ylk=\"slk:merger;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;merger&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">merger<\/a> that could establish a pharmaceutical behemoth valued at over \u00a3300 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Financial Times indicated that these talks between the <a href=\"https:\/\/www.independent.co.uk\/news\/business\/astrazeneca-cancer-weight-loss-share-price-b3022183.html\" data-ylk=\"slk:two%20drugmakers%20have%20been%20ongoing%20in%20recent%20months.;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;two drugmakers have been ongoing in recent months.&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">two drugmakers have been ongoing in recent months.<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Such a consolidation would represent one of the largest transactions in the industry&#8217;s history, potentially forming the world&#8217;s fourth-largest pharmaceutical entity.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">While sources suggest a deal could progress, they also cautioned that it &#8220;may be delayed or fall apart.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">AstraZeneca has declined to comment on the speculation. Bristol Myers Squibb (BMS) has been approached for comment.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Prior to these reports, <a href=\"https:\/\/www.independent.co.uk\/news\/business\/astrazeneca-starmer-macclesfield-cambridge-expansion-b2967272.html\" data-ylk=\"slk:Cambridge-based%20AstraZeneca;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Cambridge-based AstraZeneca&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Cambridge-based AstraZeneca <\/a>stood as the UK&#8217;s second most valuable company, boasting a market capitalisation of approximately \u00a3196 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Nevertheless, shares in the company fell by 6.1 per cent to 11,860p early on Monday.  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/DFDD6A54C58317AF166C4B88370168F531E1173E225047DA2C1B7B1FBFBFD393\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthe_independent_uk_finance_804%2F96f156ee999375d9fba128dff6c230a9\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Bristol Myers Squibb (BMS) has been contacted for comment over the merger talks (Reuters)\" height=\"640\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> Bristol Myers Squibb (BMS) has been contacted for comment over the merger talks (Reuters)           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">New York-listed BMS focuses on cardiovascular and oncology treatments and is currently worth around \u00a3133 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Any deal would be likely to face significant regulatory hurdles, amid significant scrutiny over the sector from competition and antitrust watchdogs.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A merger would be likely to be assessed by the <a href=\"https:\/\/www.independent.co.uk\/topic\/trump\" data-ylk=\"slk:Trump;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Trump&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Trump<\/a> administration&#8217;s antitrust authorities, who have sought to increase domestic investment under President Donald Trump&#8217;s leadership.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A move comes amid efforts from AstraZeneca to grow its foothold in the US under boss Pascal Soriot.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The FTSE 100 firm completed a new additional listing on the <a href=\"https:\/\/www.independent.co.uk\/topic\/new-york\" data-ylk=\"slk:New%20York;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;New York&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">New York<\/a> Stock Exchange in June as a result, in a blow to the London markets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Chris Beauchamp, chief market analyst at IG, said: &#8220;Companies saying one thing and doing another is a well-trodden path, and AstraZeneca joins in with the reports of a proposed alliance with Bristol Myers Squibb, having only said recently that it didn&#8217;t need M&amp;A (mergers and acquisitions) to hit its targets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Though a rare example of a big UK firm buying a smaller US firm is something to warm the cockles of the British heart, it risks the departure of yet another national champion, and in any case the pair&#8217;s large cancer divisions is a major hurdle to a successful deal.&#8221;  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/58F1854FAE2AC439E14D1DB765DBA99994F40AFE188A7484E4CACAD10F4528B3\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthe_independent_uk_finance_804%2F3116c77fb51a8035686945f962f8ee17\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Cambridge-based AstraZeneca is the UK's second most valuable company, with a market value of around \u00a3196 billion prior to the reports (PA Archive)\" height=\"640\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> Cambridge-based AstraZeneca is the UK&#8217;s second most valuable company, with a market value of around \u00a3196 billion prior to the reports (PA Archive)           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Russ Mould, investment director at AJ Bell, said: &#8220;The speculated blockbuster merger between AstraZeneca and US rival Bristol Myers Squibb would have implications outside of the pharmaceutical sector.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Assuming it went through, AstraZeneca would likely overtake HSBC to become comfortably the largest company on the FTSE 100.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;However, the fear will be that such a move, coming on top of the company&#8217;s recent direct listing in New York, would pull its centre of gravity across the Atlantic and ultimately see the UK stock market lose one of its crown jewels.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Current CEO Pascal Soriot was a big player in the company&#8217;s decision to reject a takeover bid from Pfizer for \u00a370 billion in 2014 and has been vindicated in the interim.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;A tie-up with Bristol Myers Squibb could help the business to reach its ambitious revenue goals, with North America already a key source of growth.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;The initial market reaction to the reports is highly circumspect, reflecting understandable caution about the scale of the deal. Major transactions of this kind often run into difficulties around integration and matching up different workplace cultures.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Getting a deal across the line could be as difficult as putting together a 10,000-piece jigsaw with the companies&#8217; overlapping focus in oncology likely to attract scrutiny from competition authorities.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Political pressure might also be brought to bear, particularly on these shores given the importance of AstraZeneca to UK plc.&#8221;  <\/p>\n","protected":false},"excerpt":{"rendered":"Reports suggest AstraZeneca has engaged in discussions with its US counterpart, Bristol Myers Squibb, regarding a potential merger&hellip;\n","protected":false},"author":2,"featured_media":96828,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20662],"tags":[11153,40798,22825,5,41079],"class_list":["post-96827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-astrazeneca","tag-astrazeneca","tag-bristol-myers-squibb","tag-merger-talks","tag-uk","tag-us-counterpart"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117035339829345669","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/96827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=96827"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/96827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/96828"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=96827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=96827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=96827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}