AstraZeneca confirms talks with Acerta

14 December 2015

Anglo-Swedish pharmaceuticals firm AstraZeneca (LSE: AZN) has confirmed it is in talks with Dutch cancer drugmaker Acerta Pharma.

It follows reports last week in the Wall Street Journal that AstraZeneca was prepared to buy Acerta for more than $5 billion.

In a statement, the company said: “Further to recent speculation, AstraZeneca confirms it is exploring potential strategic options with Acerta Pharma BV. There can be no certainty that any transaction will ultimately be entered into, or as to the terms of any transaction.”

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