Pfizer and Allergan would have to pay the other party just $400 million if either were to pull out of their $160 billion deal due to a change in th(...)

Japan’s Nikkei ended a choppy session with a 0.2 per cent gain, after a long weekend. Markets were closed for a national holiday on Monday. (Photograph: FRANCK ROBICHON/EPA)

Asian shares struggled on Tuesday after a healthcare mega-merger failed to impress Wall Street, while the dollar took a breather from its run to 8-mo(...)

In Ireland, Pfizer will post-merger pay a  12.5 per cent tax rate on any international income routed through the new Dublin operation. Photograph: Brendan McDermid/Reuters

Ireland’s exchequer is in line for an annual boost of up to €620 million following the announcement that Pfizer is buying rival Allergan in a $160 bil(...)

Pfizer CFO Frank D’Amelio made the point there was little crossover between the two companies, meaning that they were “complementary”

Eventually, Pfizer has got the deal it craved. Now the real work begins. Integrating two companies with such wildly differing corporate cultures will (...)

Ian Read, chief executive of Pfizer, and Brent Saunders, chief executive of Allergan. Photograph: Michael Nagle/Bloomberg

Drug giant Pfizer has announced a $160 billion (€150.5bn) takeover of Dublin-headquartered Allergan in a deal that will make Ireland home to the worl(...)

President Obama last year criticised US firms for becoming “magically” Irish through takeovers

It’s not us, it’s you. This should be the response to any political criticism directed Ireland’s way as multinationals swap American head-office addre(...)

CRH gained 1.07%  to close at €27.39 after more than 880,000 of its shares changed hands in Dublin

European stocks declined as commodity producers slid on a stronger dollar, with healthcare and leisure-related shares also falling. DUBLIN Index hea(...)

Michael Noonan and Spain’s Luis de Guindos talking at a euro zone finance ministers meeting in Brussels on Monday.  Photograph: François Lenoir/Reuters

Minister for Finance Michael Noonan has said he now expects the European Commission to deliver its verdict on its ongoing investigation into Ireland’s(...)

Pfizer has struck a deal to buy Allergan in a transaction valued at about $160 billion.

Pfizer, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan in a transaction valued at about $160 billion, creating the wor(...)

Pfizer is expected to secure formal board approval for its acquisition of Allergan for more than $150 billion, creating the world’s biggest drug maker. (Photograph: Tom Bergin/Reuters)
Euro sags to seven-month low

The euro sagged to a seven-month trough on Monday as the prospect of more policy easing in Europe benefited the US dollar, while activity in Asian sh(...)