bbi diagnostics ipo, page-37

Quick note pertinent to the topic.

Pifze pulled out of takeover of AstraZeneca UK overnight. OK apart from the synergy aspects - much was said of it being a strategic move to as much as cut their exposure to US taxes. These guys don,t just have a plan' they will regroup and go onto plan B/C... So others may now accelerate to close out their moves . Maybe more turmoil in the market to come, from experience the major risk effect I see for ADO will be to stymie coalface operations, mid level deals and smaller M&A s until the dust settles.