LONDON May 2 The British government said it had
pressed U.S. company Pfizer to commit to British jobs
and research in its bid for AstraZeneca, but the
decision on whether the British group will be sold was a matter
for its shareholders.
"This is ultimately going to be a decision for AstraZeneca
shareholders," the Minister for Universities and Science David
Willetts told BBC Radio on Friday.
"We are pressing Pfizer in a very hard-nosed way. Their
letter has a set of proposals for research and development and
manufacturing in the UK that have moved a long way from where
they were a week ago."
The U.S. company sent a letter to Prime Minister David
Cameron laying out a series of commitments to Britain on Friday,
when it also raised its offer for Britain's second biggest
(Reporting by Paul Sandle; editing by Sarah Young)