April 28, 2014 / 6:15 AM / 3 years ago

Pfizer confirms desire to buy AstraZeneca

LONDON, April 28 (Reuters) - U.S. drugmaker Pfizer confirmed on Monday it made a bid approach to AstraZeneca in January and had contacted its British rival again on April 26 seeking to renew discussions about a takeover.

A Pfizer bid for AstraZeneca would be one of the largest ever pharmaceuticals deals. The renewed approach comes amid a wave of M&A in the sector.

Reporting by Ben Hirschler; editing by James Davey

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