Roche new financial strength : Tamiflu
Looks like were a close to a pandemic situation....
https://www.reuters.com/article/rbssHealthcareNews/idUSLR15142120090427
https://www.reuters.com/article/rbssHealthcareNews/idUSLR14464220090427
Stock market will fall.
IF you are looking for protection, you got to buy Pharmas and Biotech.
Roche has spend 46.5 billions on Genentech. It raised the cash by debt and equity.
Swine virus is going to increase financial leverage for ROCHE to raise even more debt or equity should it choose to.
Now, AstraZeneca was smart to operate a "coverted" takeover of TLN. Roche is probably rushing out to complete DD and counter offer something.
Roche new ability in the last 24h to raise cash has been increased.
We can now expect increasing odds of a total bidder and long bidding war for TLN's assets.
Welcome aboard!
TLN shareholers hope and faith is back!!!
It's no longer fear time but GREED time!!!