Mon, 28 Apr 2014 15:57:03 GMT
Sterling gains as Pfizer confirms its bid to AstraZeneca
The British Sterling increased on Monday trading session rising towards the strongest level in more than four years against the U.S. Dollar after a report showed that merger and acquisition activity in pharmaceutical sector improved. One of the biggest pharmaceutical company Pfizer confirmed its bid to AstraZeneca, the British second largest drugmaker.