cnbc.com

AstraZeneca Antitrust Concerns Cloud Talks for Bristol Myers Squibb Merger

AstraZeneca logoAstraZeneca
Sig1.86Sen-1.28Env0.00Soc0.00Gov-1.35
Bristol-Myers Squibb logoBristol-Myers Squibb
Sig1.20Sen-1.00Env0.00Soc0.00Gov-1.20

Analysts said a merger between AstraZeneca and Bristol Myers Squibb is unlikely due to antitrust issues and major business overlap, despite reports of deal talks. A deal would rank among pharma’s biggest and could create a roughly $400B company. AstraZeneca declined to comment. Investors weighed potential synergy versus later patent expiries as views diverged.

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