News Formal

Factbox: GSK's consumer health business

  • 📰 Reuters
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Consumer goods giant Unilever has approached GlaxoSmithKline about buying the pharmaceutical group's consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

GSK, whose two other main divisions are pharmaceuticals and vaccines, had turnover of 34 billion pounds that year.Brian McNamara will be its chief executive, a position he has held since 2016 within the business as part of GSK.

Register now for FREE unlimited access to Reuters.com
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Citi to Sell Consumer Business in Malaysia, Indonesia, Thailand and Vietnam to UOB GroupUOB said it will acquire Citi’s unsecured and secured lending portfolios, wealth management and retail deposit units in the four Southeast Asian markets. They are also closing Their consumer banking in Mexico: Banamex
Source: NBCDFW - 🏆 288. / 63 Read more »