Institute of Director 's Michael Smith says the Pfizer bid for Astrazeneca has prompted significant political intervention . He says Pfizer 's pursuit of Astrazeneca has stirred up a wave of protectionism , even if it 's a global company . The Shadow Secretary of State for Business , Chuka Umunna , is right to argue that there are no assurances that a company could give that they would be able to preserve jobs forever after a takeover , but it does n't follow that we should demand ever more promises . Ultimately the decision is in the hands of the shareholders who will consider the matter carefully .
Institute of Director 's Michael Smith says the Pfizer bid for Astrazeneca has prompted significant political intervention . He says Pfizer 's pursuit of Astrazeneca has stirred up a wave of protectionism , even if it 's a global company . Ultimately the decision is in the hands of the shareholders who will consider the matter carefully .