News

Unilever PLC (ULVR.LN) said Monday that it has agreed to buy GlaxoSmithKline PLC’s (GSK.LN) health food drinks portfolio in India--which houses the Horlicks brand, a malted-milk drink--for 3.3 ...
LONDON (AP) — Unilever, the maker of Vaseline skin care products and Dove soap, says it won’t increase a 50 billion-pound ($68.2 billion) offer for GlaxoSmithKline’s consumer healthcare unit ...
On Wednesday, just days after news surfaced that GlaxoSmithKline had rejected three bids for its consumer-health unit (the last one for $68 billion), Unilever said it would not increase its offer.
The pharmaceutical giant GlaxoSmithKline said Saturday Jan. 15, 2022, it has rejected an unsolicited 50 billion-pound ($68.4 billion) bid from Unilever for its consumer healthcare goods unit, a ...
Hindustan Unilever (HUL) faces a Rs 962.75 crore tax demand from the Income Tax Department over non-deduction of TDS on a Rs 3,045 crore payment for acquiring GSK’s India Health Food Drink IPR ...
Analysts said digesting GSK’s consumer health assets at a price of over 50 billion pounds in cash and stock, would nearly triple Unilever’s leverage toward 5.6 times in the first year from 2 ...
Jan 15 (Reuters) - GlaxoSmithKline (GSK.L) on Saturday said it had rejected a 50-billion-pound offer from Unilever (ULVR.L) for its consumer goods arm, saying it "fundamentally undervalued" the ...
The final proposal made on Dec. 20 comprised £41.7 billion in cash and £8.3 billion in Unilever shares, but GSK said it failed to reflect the intrinsic value of the business and its potential ...
GSK has been planning to spin off the unit — known for products including the painkiller Advil, Sensodyne toothpaste and Tums — in mid-2022. After integrating the consumer health businesses of ...