The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,799.50
Bid: 1,700.00
Ask: 1,800.00
Change: 0.00 (0.00%)
Spread: 100.00 (5.882%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1,799.50
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CORRECTED-EU mergers and takeovers (Dec 1)

Mon, 01st Dec 2014 21:53

(Corrects deadline for Chiquita takeover to Jan. 7 from Dec. 7)

BRUSSELS, Dec 1 (Reuters) - The following are mergers underreview by the European Commission and a brief guide to the EUmerger process:

APPROVALS AND WITHDRAWALS

-- U.S. medical device maker Medtronic Inc toacquire Irish peer Covidien (approved Nov. 28)

NEW LISTINGS

-- Swiss drugmaker Novartis to acquire Britishpeer GlaxoSmithKline's oncology products (notified Nov.28/deadline Jan. 14)

-- British drugmaker GlaxoSmithKline to acquireNovartis' vaccines business, excluding Flu, and thesettting up of a consumer healthcare joint venture (notifiedNov. 28/deadline Jan. 14)

-- Generic drugmaker Mylan Inc to purchase AbbotLaboratories' specialty and branded generics business outsidethe United States (notified Nov. 28/deadline Jan. 14)

-- PRS for Music Ltd (PRSfM), Foreningen Svenska TonsattaresInternationella Mysikbyra (Stim) and Gesellschaft fürmusikalische Aufführungs- und mechanischeVervielfältigungsrechte (Gema) to set up a joint venture toadminister mechanical and performing rights (notified Nov.28/deadline Jan. 14)

-- Czech energy group Energeticky a Prumyslovy Holding (EPH)to acquire the Eggborough British coal-fired power plant fromEggborough Power Ltd (notified Nov. 28/deadline Jan.14/simplified)

-- Private equity firm CVC Capital Partners toacquire Dutch cable and wires producer Betafence Holding NV(notified Nov. 28/deadline Jan. 14/simplified)

-- Wood products retailer Oji Holdings andpetroleum products retailer Itochu Enex Co. Ltd to setup two joint ventures in Japan (notified Nov. 27/deadline Jan.13/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

DEC 1

-- Mondelez International Inc and competitor D.EMaster Blenders to merge their coffee businesses innew company called Jacobs Douwe Egberts (notified Oct.27/deadline Dec. 1)

-- Oil major BP to acquire jet fuel business StatoilFuel and Retail Aviation (notified Oct. 27/deadline Dec. 1)

DEC 4

-- French telecoms operator Orange to acquireSpanish provider Jazztel (notified Oct. 16/deadlineextended to Dec. 4 from Nov. 20 after the Spanish competitionauthority asked to review the case/commitments submitted on Nov.13)

DEC 5

-- Malaysian palm oil producer Sime Darby Bhd toacquire New Britain Palm Oil Ltd (notified Oct.31/deadline Dec. 5/simplified

DEC 9

-- U.S. healthcare information company IMS Health toacquire certain businesses from French healthcare softwareprovider Cegedim (notified Nov. 4/deadline Dec. 9)

DEC 10

-- Santander Consumer Finance, part of Spanish bankSantander, and French car maker Peugeot S.A. (PSA) toset up a series of joint finance companies (notified Nov.5/deadline Dec. 10)

DEC 11

-- Mining groups Anglo American and BHP Billiton to acquire joint control of manganese minerSamancor which is now solely controlled by BHP Billiton(notified Nov. 6/deadline Dec. 11/simplified)

-- Oil giant Saudi Aramco to buy a minority stake in SouthKorean refiner S-Oil Corp from Hanjin Group (notified Nov. 6/deadline Dec. 11/simplified)

DEC 12

-- U.S. investment management firm Varder Partners toacquire 51 percent of Spanish bank Popular's creditcard business (notified Nov. 14/deadline Dec. 12/simplified)

-- Privately-held Czech airline Travel Service to take a 34percent stake in national carrier Czech Airlines (notified Nov.14/deadline Dec. 12

DEC 15

-- Oil major BP to acquire jet fuel business StatoilFuel and Retail Aviation (notified Oct. 27/deadline extended toDec. 15 from Dec. 1 after the companies offered concessions)

-- Mondelez International Inc and competitor D.EMaster Blenders to merge their coffee businesses innew company called Jacobs Douwe Egberts (notified Oct.27/deadline extended to Dec. 15 from Dec. 1 after the companiesoffered concessions)

-- Aerospace group Airbus and Singapore Airlines to jointly acquire Airbus Asia Training Centre(notified Nov. 10/deadline Dec. 15/simplified)

-- France's Lafarge and Swiss peer Holcim to merge (notified with commitments on Oct.27/deadline Dec. 15)

DEC 16

-- Private equity firms Blackstone and TPG to jointlyacquire British mortgage lender Kensington Group plc (notifiedNov. 11/deadline Dec. 16/simplified)

DEC 17

-- Private equity firm 3i to acquire Diamond Holding GmbHfrom German jewellery retailer Group Christ Juweliere undUnrmacher Seit (notified Nov. 12/deadline Dec. 17/simplified)

DEC 18

-- ReAssure to acquire HSBC's pensionsmanufacturing business (notified Nov. 13/deadline Dec.18/simplified)

DEC 19

-- Private equity firm CCMP Capital to acquire joint controlof chemicals producer PQ Holdings Inc which is now jointlycontrolled by INEOS and private equity group The Carlyle GroupLP (notified Nov. 14/deadline Dec. 19/simplified)

-- Czech state-owned holding company Cesky Aeroholding andprivately-owned low-cost Czech carrier Travel Service to jointlyacquire Czech Airlines (notified Nov. 14/deadline Dec. 19)

-- Private equity firm EQT to acquire German engineeringgroups Siemens's hearing-aids business (notified Nov.14/deadline Dec. 19/simplified)

-- CCMP Capital to acquire 47 percent stake in PQ Corp fromCarlyle Group (notified Nov. 14/deadline Dec.19/simplified)

-- Yanfeng Automotive Trim Systems, a subsidiary of China'sbiggest automaker SAIC Motor Corp., to acquire Johnson Control's auto interiors business (notified Nov. 14/deadline Dec.19/simplified)

DEC 23

-- U.S. company IBM to take over German airlineLufthansa's information technology infrastructureservices division and staff for 1 billion euros (notified Nov.18/deadline Dec. 23)

JAN 5

-- Norwegian telecoms firm Telenor to form a jointventure with media company Schibsted, South Africa'sNaspers and Singapore Press Holdings (notified Nov. 19/deadline Jan. 5/simplified)

JAN 6

-- French holding company Eurazeo and GroupeCredit Agricole to jointly acquire two buildingcomplexes SCI Lafayette and SCI Stratege (notified Nov.20/deadline Jan. 6/simplified)

-- Hong Kong conglomerate Cheung Kong to formjoint venture with Mitsubishi Corp's leasing arm MCAviation Partners (notified Nov. 20/deadline Jan. 6/simplified)

JAN 7

-- Brazilian juice maker Grupo Cutrale and investment firmSafra Group to jointly acquire U.S. banana producer Chiquita (notified Nov. 21/deadline Jan. 7/simplified)

JAN 8

-- Dutch investment firm SHV to acquire Dutch animal feedand nutrition company Nutreco (notified Nov.24/deadline Jan. 8/simplified)

-- Norwegian media group Schibsted and Norwegiantelecoms operator Telenor to set up a jointventure(notified Nov. 25/deadline Jan. 8/simplified)

-- Investment firm Apollo Management to acquire Italianinsurer Carige (notified Nov. 24/deadline Jan. 8/simplified)

FEB 5

-- Belgian telecoms group Telenet to acquire 50percent stake in Belgian broadcasting company De Vijver Media(notified Aug. 18/deadline extended for the second time to March5 from Feb. 5)

MARCH 5

-- Belgian telecoms group Telenet, which is asubsidiary of U.S. cable group Liberty Global, toacquire 50 percent stake in Belgian broadcasting company DeVijver Media (notified Aug. 18/deadline extended for the secondtime to March 5 from Feb. 5/companies submitted concessions onNov. 24)

MARCH 18

-- U.S. orthopaedic products maker Zimmer Holdings to acquire rival Biomet Inc (notified Aug.29/deadline extended for the third time to March 18 from March11)

APRIL 22

-- SOCAR, Azerbaijan's state energy company, to buy stakesin Greek natural gas grid operator DESFA from Greek natural gasutility DEPA (notified Oct. 1/deadline extended for the secondtime to April 22 from March 23)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 workingdays to 35 working days, to consider either a company's proposedremedies or an EU member state's request to handle the case.

Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces theclearance of uncontroversial first-stage mergers without givingany reason for its decision. Cases may be reclassified asnon-simplified -- that is, ordinary first-stage reviews -- untilthey are approved. (Editing by Foo Yun Chee)

More News
12 May 2024 14:50

French presidency: Amazon to announce new 1.2 bln euros investment in France

PARIS, May 12 (Reuters) - U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the French presidency said on Sunday ahead of the start of the country's annual "Choose France" event.

Read more
9 May 2024 15:51

UK dividends calendar - next 7 days

Friday 10 May 
AIB Group PLCdividend payment date
Alpha Group International PLCdividend payment date
Antofagasta PLCdividend payment date
Hammerson PLCdividend payment date
Hunting PLCdividend payment date
International Personal Finance PLCdividend payment date
Invesco Select Trust Global Equity Income PLCdividend payment date
Invesco Select Trust UK Equity PLCdividend payment date
Johnson Service Group PLCdividend payment date
Kerry Group PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Schroder Asian Total Return Inv Co PLCdividend payment date
Schroder European Real Estate Investments Trust PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Serco Group PLCdividend payment date
Smurfit Kappa Group PLCdividend payment date
Somero Enterprises Incspecial dividend payment date
Taylor Wimpey PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Churchill China PLCex-dividend payment date
EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
Fevertree Drinks PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
Haleon PLCdividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Income & Growth VCT PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
Manx Financial Group PLCex-dividend payment date
Mercantile Investment Trust PLCdividend payment date
Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
Ocean Wilsons Holdings Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Princess Private Equity Holding Ltdex-dividend payment date
Property Franchise Group PLCex-dividend payment date
Prudential PLCdividend payment date
RHI Magnesita NVex-dividend payment date
Shell PLCex-dividend payment date
Spectris PLCex-dividend payment date
Supermarket Income REIT PLCdividend payment date
Target Healthcare REIT PLCex-dividend payment date
TClarke PLCex-dividend payment date
Tesco PLCex-dividend payment date
TwentyFour Select Monthly Income Fund Ltdex-dividend payment date
Unilever PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
Vector Capital PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

Read more
2 May 2024 19:57

GSK knew about Zantac cancer risk, attorneys tell jury in first trial

May 2 (Reuters) - U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac on Thursday told a jury in Chicago that pharmaceutical companies GSK and Boehringer Ingelheim knew the product could cause cancer if it was not handled properly but failed to warn the public.

Read more
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
1 May 2024 19:39

Bird flu testing shows more dairy products are safe, US FDA says

CHICAGO, May 1 (Reuters) - Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U.S. Food and Drug Administration said on Wednesday.

Read more
1 May 2024 17:31

UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh

FTSE 100 down 0.3%, FTSE 250 off 0.2%

*

Read more
1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal Reserve this evening.

Read more
1 May 2024 16:42

London close: Stocks fall ahead of US Fed decision

(Sharecast News) - London markets closed lower on Wednesday, as investors digested the latest UK manufacturing data and anticipated an impending policy announcement from the US Federal Reserve.

Read more
1 May 2024 11:55

LONDON MARKET MIDDAY: FTSE 100 treads water as Fed takes centre-stage

(Alliance News) - London's FTSE 100 traded off session highs heading into Wednesday afternoon, as some pre-Federal Reserve decision nerves kicked in.

Read more
1 May 2024 10:54

GSK raises profit outlook on strong vaccine, HIV drug sales

FY profit forecast raised to 8-10%

*

Read more
1 May 2024 08:57

LONDON MARKET OPEN: FTSE 100 shakes off New York slump before Fed

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 brushing off some pre-Federal Reserve decision trepidation to record an early rise, while the dollar climbed on the expectation that Jerome Powell will sound hawkish in his press conference later.

Read more
1 May 2024 08:50

TOP NEWS: GSK expects momentum to continue after strong first quarter

(Alliance News) - GSK PLC on Wednesday raised its annual earnings forecast, and said it expects sales growth at the top-end of guidance, after a "strong" start to the year.

Read more
1 May 2024 07:46

LONDON BRIEFING: GSK ups outlook; Next first-quarter beats forecast

(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.