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GSK Gsk Plc

1,488.50
11.00 (0.74%)
28 Mar 2025 - 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
  11.00 0.74% 1,488.50 1,486.00 1,486.50 1,491.00 1,476.50 1,478.00 5,748,076 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 31.38B 2.58B 0.6211 23.93 61.26B

GlaxoSmithKline Isn't Being Pressured Into Sale by Elliott -The Times

27/05/2021 6:41am

Dow Jones News


Gsk (LSE:GSK)
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--GlaxoSmithKline PLC won't be pushed into a sale of its vaccines and pharmaceuticals business by activist U.S. hedge fund Elliott Management, The Times of London reports.

--Elliott isn't planning to agitate for reducing the pharmaceutical giant's 5 billion-pound ($7.06 billion) research and development budget and will back GlaxoSmithKline staying in the U.K., The Times says.

--Speculation had been raised by investors and analysts over Elliott's intentions after it was discovered in April that the activist fund had acquired a multi-billion pound stake in the company, The Times reports.

 

Full story: https://bit.ly/3i05I4y

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 27, 2021 01:26 ET (05:26 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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