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Pfizer confirms desire to buy AstraZeneca

    PFIZER
    24,4700-0,49%
    ASTRAZENECA
    10.308,000-0,27%
    LONDON (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 (PFE.NY)bid for ASTRAZENECA (AZN.LO)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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