AstraZeneca to be split into 3 new companies - breaking news

Anonymous

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US operations - split into new entity
UK operations to be reformed into Zeneca Pharmaceuticals
Swedish operations to be reformed into Astra AB

More details to follow soon....
 








Bull of course, but one of the classic restructuring type breaks the old sick company up into several entities, with the chosen one getting most of the good assets going forward and the bad one or ones get the lions share of the debts and other liabilities.
 




Bull of course, but one of the classic restructuring type breaks the old sick company up into several entities, with the chosen one getting most of the good assets going forward and the bad one or ones get the lions share of the debts and other liabilities.

It's not bull, I really did see it on CNN this morning (brief breaking news clip)...