Pfizer and Allergan merge in record deal
The pharmaceutical giant employs 800 people Leeside.
Two healthcare companies have struck a deal that will create the world's largest drug maker.
Pfizer, who has offices in Cork, is to buy Allergan in a multi-billion dollar deal that is the biggest on record in the healthcare sector.
Experts think the new company - which will be known as Pfizer - will move its headquarters from the United States to Ireland to enjoy a lower rate of corporation tax.
Sean Defoe has more for RedFM News.
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