Smell some cash bid coming with Due Diligence from AZN
AZN - CEO Soriot 's
1. decision to keep share buybacks on hold and not increase the dividend for the first time in a decade
2. withdrew mid-term planning assumptions for profit margin and revenue that had been set by previous management, increasing his freedom to pursue a strategy of investing for future growth."We will be open to more disruptive acquisitions, larger acquisitions if they make sense,"
3. Analysts at Citigroup said he appeared to be setting the scene for doing new deals - something the market has speculated about intensely in recent months.