ADO 8.33% 2.2¢ anteotech ltd

Quick note pertinent to the topic.Pifze pulled out of takeover...

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    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.
 
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