Pfizer makes new ‘final’ offer to buy Wales

Posted: May 21, 2014 by oldbrew in humour

A bit of light relief for Talkshop readers. No offence intended of course.

Pride's Purge


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…

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  1. Berényi Péter says:

    “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?”

    Well, you must have a Tywysog Cymru, don’t you? I mean Charles is pretty useless, but he still needs Wales to claim the title. Or can he rent Llwynywermwd back from Pfizer?

    Please note Edward the First spent some £173,000 on the conquest of Wales, a heavy burden to the budget indeed. At a modest 3% rate of inflation in the meantime it is 500 trillion pounds by now; compared to this 6 billion is a pittance.

    And then, humanitarian costs are not even taken into account. Widespread extermination of Welsh poets may not be a historical fact, still, the event reverberated throughout the centuries, evoking ripples as far away as in Hungary.

    In 1857 Emperor Franz Joseph I of Austria decided to take a tour in Hungary, under tyrannic rule at that time, 8 years after the revolution was crushed ruthlessly with the aid of an invading Russian army. Hundreds, including the prime minister and most generals of the rebel army were sentenced to death.

    Arany, a leading Hungarian poet of the time was asked to praise the Emperor on that occasion. He declined and wrote The Bards of Wales instead, claimed to be a translation of an Old English ballad to pass censorship.

    It was revived recently by Karl Jenkins. Twm Morys has translated the poem to Welsh for the cantata. Unfortunately I failed to find his text so far.

    So no, don’t sell off Wales yet.

  2. oldbrew says:

    Could be a fun night out here…

    ‘The historical pub ‘The Feathers’ annually hosts the final for the ‘Dirtiest Limerick in Wales’ since 2002, with such previous winners as Ross Noble and Griff Rhys Jones taking the top prize.’

  3. Gail Combs says:

    Sounds like King Leopold II and the Congo, only that wasn’t humor.