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Pfizer Inc. (PFE) Reveals Internal Restructuring Plans


2/26/2014 8:24:01 AM

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Pfizer has soared to 18% to Rs 1,230 on BSE after the company announced an internal corporate restructuring plan. Under the plan, Pfizer East India B.V. Netherlands proposed to acquire 60.94% stake which collectively held by Pfizer Corporation (31.42%) and Pfizer Investments Netherlands B V (29.52%), Pfizer said in a BSE filing. Both, the acquirer and the sellers are held and controlled by Pfizer Inc. USA.

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