Pfizer Inc, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan Plc in a transaction valued at about $160 billion.
The complex deal, the biggest ever in the healthcare sector, will allow Pfizer to shift its legal base to Ireland in a so-called "inversion" that would reduce its tax rate.
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle19
14:49 Trump warns of ‘retribution’ for companies that offshore jobs, threatening 35 percent tariff17
01:02 A company Trump attacked will receive state tax breaks to keep jobs in the U.S15
20:05 Headphone deal of the day: Klipsch Reference On-Ear Premium headphone for $308