AstraZeneca funds 'phenomenal' deal despite Brexit vol

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AstraZeneca funds 'phenomenal' deal despite Brexit vol

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R731KP View of the Houses of Parliament from Victoria Tower Gardens against dramatic light | Alamy Stock Photo

AstraZeneca, the British-Swedish pharmaceuticals giant, has priced a historic £2.7bn accelerated transaction ($3.5bn) to fund a transformational oncology collaboration. But sources close to the deal say that execution was complicated by Brexit drama last Friday.

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