British Quote by David Sainsbury, Baron Sainsbury of Turville
“Even if Pfizer committed itself legally to maintaining some of its research and development in the U.K., its takeover of AstraZeneca would involve dismembering an excellent and strategically important British company.”
About This Quote
Source Speech: Public statement on AstraZeneca acquisition, 2023
The takeover would break apart a key British firm despite legal R&D commitments, risking loss of strategic capability.
In simple terms: Breaking up a vital company harms national interests.
Protect strategic assets.
Themes
Mood
Type
When to use this quote
- government policy
- industry regulation
- investment decisions
Key Concepts
Questions to Reflect On
- How can strategic value be retained after a merger?
- What safeguards protect national interests?
It may preserve R&D but still weaken the company's overall competitiveness.