AstraZeneca tells shareholders to stop pressuring it to reconsider Pfizer

Leif Johansson, chairman of the British-Swedish drugs company, says it is legally impossible for Pfizer to increase its offer

AstraZeneca told its shareholders to stop trying to pressure it into reconsidering its decision to reject Pfizer’s £69bn takeover.

Leif Johansson, chairman of the British-Swedish drugs company, said he wanted to make it "absolutely clear" that it was legally impossible for Pfizer to increase its £55-a-share offer and there could be no further negotiation on the value of a takeover.

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