(BFW) AstraZeneca CEO Says AbbVie-Shire Collapse Sends Strong Message


AstraZeneca CEO Says AbbVie-Shire Collapse Sends Strong Message
2014-11-06 10:03:22.862 GMT


By Allison Connolly and Phil Serafino
Nov. 6 (Bloomberg) -- New U.S. rules raise bar for tax
inversions, AstraZeneca CEO Pascal Soriot said on conference
call with media.
* Says can’t comment on impact of new rules on Pfizer;
declined to speculate on whether Pfizer will return
* Co. will do what’s right for shareholders; will consider any
offer on price, other issues: CEO
* Says can’t answer question about Sanofi job interest; says
family is in Australia, so he will retire there
* NOTE: Earlier, Astra 3Q Rev. Beats Ests.; Raises 2014
Forecasts {NSN NELVRI6JTSEK <go>}
* MORE: Astra Gives 2015 Core EPS Target as 3Q Nexium
Sales Beat {NSN NELW5X6JTSE9<Go>}
* MORE: Astra Gives 2015 Core EPS Target as 3Q Nexium
Sales Beat {NSN NELW5X6JTSE9<Go>}</li></ul>


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To contact the reporter on this story:
Allison Connolly in London at +44-20-3525-7043 or
aconnolly4@bloomberg.net

To contact the editor responsible for this story:
Allison Connolly at +44-20-3525-7043 or
aconnolly4@bloomberg.net