Miliband Tackles Cameron on Pfizer’s Bid for AstraZeneca

U.K. Business Secretary Vince Cable said Pfizer Inc.’s bid for AstraZeneca Plc raised questions of “overriding national interest,” as the opposition Labour Party stepped up its rejection of the proposed takeover.

Labour leader Ed Miliband accused Prime Minister David Cameron yesterday of promoting Pfizer’s bid for London-based AstraZeneca. Cable later told reporters that reviewing rules on intervening in takeovers on public interest grounds was an option that the government was looking at.