Netflix AstraZeneca wants to buy Gilead or create largest biopharmaceutical merger
Last Update: 2020-06-17
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On the afternoon of June 7, AstraZeneca was in contact with Gilead Sciences about a possible merger that, if successful, would be the largest medical deal in history, involving $96 billion, according to people familiar with the matterif the merger succeeds, it will surpass the $74 billion merger between The Xerox and Newfoundation in 2019 and the $63 billion merger between AbbVie and AlKit is understood that AstraZeneca contacted Gilead last month for possible cooperationPeople familiar with the matter added that while Gilead had discussed the idea with financial advisers, it had not yet been decided and the two companies had not held formal talks
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