Market Chatter: Pfizer Exploring Sale of Hospital Drugs Unit

MT Newswires Live11-12

Pfizer (PFE) is exploring a sale of its hospital drugs unit, as it looks to divest non-core assets amid pressure from activist investor Starboard Value, Reuters reported, citing three people familiar with the matter.

Pfizer did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Comments

  • MaxGain
    11-13
    MaxGain
    Bad signs that PFE is in a really bad shape. Time to dump the stocks and run for the door before tha major fallout. 
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