Sterling gains as Pfizer confirms its bid to AstraZeneca

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Source: Reuters
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.

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Mon, 28 Apr 2014 16:08:06 GMT

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