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GSK Gsk Plc

1,636.00
-15.00 (-0.91%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gsk Plc LSE:GSK London Ordinary Share GB00BN7SWP63 ORD 31 1/4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -15.00 -0.91% 1,636.00 1,638.00 1,639.00 1,661.50 1,635.50 1,656.50 4,329,161 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1970 13.69 67.46B

Glaxo Draws Bidders for Consumer Healthcare Business in India -Reuters

18/09/2018 7:32pm

Dow Jones News


Gsk (LSE:GSK)
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--GlaxoSmithKline (GSK), which is looking to sell its consumer healthcare business in India, has drawn bids from Nestle S.A (NSRGY), Unilever N.V. (UN) and Coca-Cola Co. (KO), Reuters reported Tuesday, citing "four people familiar with the mater."

--The sale of a 72.5% stake in its GlaxoSmithKline Consumer Healthcare is expected to bring in more than $4 billion, the report said.

--An offer was not made by Reckitt Benckiser Group PLC (RBGLY), although it is looking to strengthen its consumer health operation, the report said.

--The consumer healthcare business makes such products as malt beverage Horlicks and chocolate malt drink Boost, the report said.

 

Full story: https://www.reuters.com/article/us-gsk-m-a-india-exclusive/exclusive-nestle-unilever-coke-make-bids-in-4-billion-plus-gsk-india-sale-sources-idUSKCN1LY2GT

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 18, 2018 14:17 ET (18:17 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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