There was no takeover bid from AZ, says Daiichi Sankyo

1 September 2017

Daiichi Sankyo (TYO: 4568) was not approached by Anglo-Swedish drugmaker AstraZeneca (LSE: AZN) over a takeover.

That was the unambiguous response issued by the Japanese pharma major in response to a specific report that claimed it had received a bid from AstraZeneca last year.

Daiichi’s share price rose by 13% on Thursday as the report circulated, prompting a trading halt on the Nikkei exchange.

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