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(satire?)
US drugs giant Pfizer has made an improved offer for Wales as it tries to tie up the largest foreign takeover of a UK country.
The new offer of £55 per share would value Wales at about £6bn.
The offer constitutes a 15% increase from Pfizer’s proposal on 2 May and is final and cannot be increased, it said.
The US company is now offering government ministers in London £24.76 in cash and 1.747 shares in the country – worth a combined £55 – for each share currently they don’t hold.
“What we’ve learned tonight is that there were talks over the weekend and actually Pfizer made a tentative approach of £53.50 but was told by the Welsh Assembly this in their view substantially undervalued the country,” said BBC chief economics correspondent Hugh Pym. “I think there’s a game of poker going on here.”
Pfizer plans to create the world’s largest drug company, with its headquarters in New York, but using Wales as an offshore PO box in the UK for tax purposes.
That plan has proved controversial with unions and politicians, with many people in the UK saying they would prefer Wales to remain in UK hands.
However, a spokesperson for David Cameron indicated the British Prime Minister would consider selling off Wales to the US drugs company:
“This is a very good offer for a struggling country,” she said. “I mean, Wales is OK for a short holiday if you can’t afford Portugal but apart from that, well, what is Wales for?”
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Reblogged this on sdbast.
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Reblogged this on Beastrabban’s Weblog and commented:
Unfortunately, I can see some Tories having just that view of Wales as a holiday destination for people, who can’t afford Portugal. As for selling off the Principality to a corporation, that really wouldn’t surprise me. At the millennium the Independent ran a feature in which various experts looked into the future. One predicted that Europe would begin to look more medieval as the nation state broke down and national armies were replaced by mercenaries. Well, Robert, the eldest son of William the Conqueror, mortgaged Normandy so he could go on crusade, and Richard the Lionheart said that he would have sold London, if only he could have found a buyer. And the idea of a multinational corporation purchasing a country is found in John Brunner’s Stand on Zanzibar. Set in a vastly overpopulated future, part of the book’s plot concerns the sale of a fictional African country to an American corporation by its head of state after he finds its problems impossible to solver with his own resources.
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oooooo, you bloody swine Tom bach, Potugal is nice though😉
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Proper satire. Well done.
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If the Wales deal goes through OK, Alex Salmond could maybe do a deal with Pfizer for Pfizer to buy Scotland, and then sell it back to the SNP for a pittance after doing all the asset stripping they need to do….🙂
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…Portugal ain’t bad either!!
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I wonder how much he mortgaged Normandy for?
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yes sell scotland now,lol
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Reblogged this on Tallbloke's Talkshop and commented:
A bit of light relief for Talkshop readers, cheers.
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I thought the whisper on the streets was that Alex Salmond is having secret meetings with two GM companies. Apparently one companies will test a range of GM products on suitable groups of
Glaswegian‘volenteer’ indigenous locals.The other company just wants to research how robust the human constitution is when subject to severe and unnatural stresses.
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Wales? Never heard of it this side of the Atlantic. (D. Proctor, Alberta, Canada)
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If you can get six billion quid for Wales, grab it!
I agree with Thomas More.
” Why Richard, it profits a man nothing to give his soul for the whole world… but for Wales?”
(O.K. Robert Bolt, actually.)
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You cannot be serious, I mean fried Mars bars and all..
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There is a poster in an archive in preparation.
For Sale large brown field site in the UK.
Used to be called South West Wales.
Contact National Grid as Agents for Prince of Quatar
Sorry Wales was sold to Quatar years ago.
Plane loads of Welsh politicians drunk with power were bribed and dined in Quatar.
Any spare land in Wales have body bags stored on it as highlighted by the News of the World at the time.
Perhaps that is where Pfizer will come in to harvest body parts and further human experimentation on remaining survivors.
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