The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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: 1,733.50
Bid: 1,732.50
Ask: 1,733.00
Change: 5.00 (0.29%)
Spread: 0.50 (0.029%)
Open: 1,733.00
High: 1,739.50
Low: 1,724.50
Prev. Close: 1,728.50
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU mergers and takeovers (Aug 18)

Tue, 18th Aug 2015 13:31

BRUSSELS, Aug 18 (Reuters) - The following are mergers underreview by the European Commission and a brief guide to the EUmerger process:

APPROVALS AND WITHDRAWALS

none

NEW LISTINGS

-- Pfizer to acquire British drugmakerGlaxoSmithKline's menACWY meningitis vaccine business(notified Aug. 17/deadline Sept. 29)

-- Cable telecoms company Liberty Global's Belgiansubsidiary Telenet to buy mobile network operator Basefrom Dutch group KPN (notified Aug. 17/deadline Sept.21)

-- European private equity group Cinven to buymajority stake in German laboratory operator Synlab from BCPartners (notified Aug. 17/deadline Sept.21/simplified)

EXTENSIONS AND OTHER CHANGES

none

FIRST-STAGE REVIEWS BY DEADLINE

AUG 20

-- Dutch building materials distributor PontMeyer, which ispart of Deli Building Supplies B.V., to acquire Dutch holdingcompany DBS (notified July 15/deadline Aug. 20)

AUG 24

-- Magyar Telekom, 59 percent owned by DeutscheTelekom, to form a joint venture with Swiss-basedenergy sales and trading group MET Holding AG (notified July17/deadline Aug. 24)

AUG 26

-- U.S. drugmaker Perrigo to buy portfolio ofover-the-counter brands form British peer GlaxoSmithKline (notified July 22/deadline Aug. 26)

-- Varo Energy, a joint venture between the world's top oiltrader Vitol and private equity firm Carlyle Group, is expanding its reach in Europe through a merger withDutch-based storage and trading company Argos (notified July 22/deadline Aug. 26)

AUG 28

-- U.S. real estate services provider DTZ to acquire U.S.peer Cushman & Wakefield (notified July 24/deadline Aug. 28)

SEPT 1

-- British engineering company GKN to acquire Dutchcompany Fokker Technologies (notified July 28/deadline Sept.1/simplified)

-- British support services provider DCC Group toacquire French gas company Butagaz from Anglo Dutch oil companyRoyal Dutch Shell (notified July 28/deadline Sept.1/simplified)

-- U.S. grains company Archer Daniels Midland Co toacquire starch producer Eaststarch (notified July 28/deadlineSept. 1/simplified)

SEPT 2

-- Anglo-Dutch oil major Royal Dutch Shell toacquire BG Group (notified July 29/deadline Sept. 2)

-- South African paper maker Mondi toacquire some assets from portfolio company Walki (notified July29/deadline Sept. 2)

SEPT 4

-- Private equity firms 3i Group and AMP Capital Investorsto acquire joint control of offshore emergency and rescueservices provider Esvagt (notified July 31/deadline Sept.4/simplified)

SEPT 7

-- Austrian bank Raiffeisen Zentralbank Osterreich to acquire sole control of Austrian pension fund Valida Holding(notified Aug. 3/deadline Sept. 7/simplified)

-- Mahindra World City Developers and Japan'sSumitomo Corp to set up a joint venture (notified Aug.3/deadline Sept. 7/simplified)

SEPT 8

-- Evo Payments International, Raiffeisen Bank Polska and Czech lender Raiffeisenbank to jointlycontrol two new subsidiaries with merchant acquiring andacquiring processing services transferred from the two banks(notified Aug. 4/deadline Sept. 8/simplified)

SEPT 9

-- U.S. grain trader Archer Daniel Midland toacquire Belgian vegetable oil distributor AOR NV (notified Aug.5/deadline Sept. 9)

-- German retailer REWE to acquire some travelunits from Swiss travel operator Kuoni Reisen (notifiedAug. 5/deadline Sept. 9/simplified)

SEPT 10

-- Buyout group KKR to acquire majority stake inGerman fibre-optic network operator Deutsche Glasfaser (notifiedAug. 6/deadline Sept. 10/simplified)

SEPT 11

-- U.S. investment firm Apollo Global Management toaquire majority control of Slovenian bank Nova KBM (notifiedAug. 7/deadline Sept. 11/simplified)

-- U.S. conglomerate General Electric to acquire mostof French engineering group Alstom's power equipmentbusiness (notified Jan. 19/deadline extended for third time toSept. 11 from Aug. 21)

SEPT 14

-- Singapore-listed palm oil processor Wilmar International and Italian oil products company Fox PetroliferaItaliana SpA to set up a joint venture (notified Aug.10/deadline Sept. 14/simplified)

-- BPIFrance and Springwater Capital LLC to acquire jointcontrol of French paper producer Delion France (notified Aug.10/deadline Sept. 14/simplified)

-- Naxicap Partners and Fonds Avenir Automobile to acquirejoint control of French car parts maker Defta Group (notifiedAug. 10/deadline Sept. 14/simplified)

SEPT 16

-- Norwegian telecoms company Telenor and Swedishpeer TeliaSonera to combine their Danish mobilebusinesses (notified Feb. 27/deadline extended to Oct. 7 fromSept. 16 after the companies offered commitments)

-- Private equity firm CVC Capital Partners to acquireenergy company PKP Energetyka (notified Aug. 12/deadline Sept.16/simplified)

-- Private equity firms Advent International, Bain Capitaland Clessidra to jointly acquire Italian banking servicescompany ICBPI (notified Aug. 12/deadline Sept. 16)

-- Chinese state-owned food firms Bright Food Group CoLtd to acquire Spanish holding company Invermik SA(notified Aug. 12/deadline Sept. 16/simplified)

SEPT 17

-- Kuwait Investment Authority (KIA) and Spanish energygroup Gas Natural to acquire joint control of GlobalPower Generation (notified Aug. 13/deadline Sept. 17/simplified)

-- Buyout group KKR to acquire German cutlery andcoffee-machine maker WMF together with Austrianholding company FIBA (notified Aug.13/deadline Sept. 17)

SEPT 18

-- U.S. distressed investment fund Apollo to acquiremajority stake in steel trader Stemcor (notified Aug.14/deadline Sept. 18/simplified)

-- Japanese insurer Tokio Marine Holdings Inc tobuy U.S. specialty insurer HCC Insurance Holdings Inc (notified Aug. 14/deadline Sept. 18/simplified)

-- Groupe Acticall to acquire customer relationshipmanagement company Sitel (notified Aug. 14/deadline Sept.18/simplified)

-- Dutch chipmaker NXP to acquire U.S. peerFreescale (notified July 31, deadline extended to Sept.18 from Sept. 4 after NXP offered concessions)

NOV 25

-- U.S. drinks can maker Ball Corp to acquireBritish rival Rexam Plc (notified June 15/deadlineextended to Nov. 25 from July 20 after Commission openedin-depth investigation)

JAN 13

-- U.S. packages delivery company FedEx to acquireDutch peer TNT (notified July /deadline extended toJan. 13 from Dec. 8 after the companies asked for more time)

SUSPENDED

-- Oilfield services provider Halliburton to buyrival Baker Hughes in a stock and cash transaction(notified July 23/deadline suspended after the companiesprovided insufficient information)

-- SOCAR, Azerbaijan's state energy company, to buy stakesin Greek natural gas grid operator DESFA from Greek natural gasutility DEPA (notified Oct. 1/deadline suspended on Jan. 21)

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. (Compiled by Foo Yun Chee)

More News
17 Dec 2023 15:16

PRESS: GSK looks for deals in China as rebuilds relationship

(Alliance News) - The Financial Times on Sunday reported that GSK PLC is looking for some new deals in China.

Read more
15 Dec 2023 17:08

European shares end fifth week higher on rate-cut optimism

Barclays sees first ECB rate cut in April

*

Read more
15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

Read more
15 Dec 2023 16:29

PRESS: GSK, Astra and AbbVie in US scrutiny over patents - Bloomberg

(Alliance News) - A US senator has accused AstraZeneca PLC, GSK PLC, AbbVie Inc and other drugmakers of "abusing" the patent system to send prices higher, Bloomberg reported on Thursday.

Read more
12 Dec 2023 10:08

AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal

Dec 12 (Reuters) - AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion.

Read more
12 Dec 2023 08:22

TOP NEWS: Japan accepts GSK's filing for respiratory disease vaccine

(Alliance News) - GSK PLC on Tuesday said Japan's Ministry of Health, Labour & Welfare has accepted its regulatory application for the extension of its respiratory syncytial virus vaccine, Arexvy, for adults aged 50-59.

Read more
12 Dec 2023 07:39

LONDON BRIEFING: UK unemployment unchanged at 4.2%; eyes on US CPI

(Alliance News) - Stocks in London are called to open higher, as investors digest the latest UK unemployment data, before turning their heads to US inflation.

Read more
12 Dec 2023 07:24

GSK seeks to extend RSV vaccine approval in Japan

(Sharecast News) - GSK announced on Tuesday that Japan's Ministry of Health, Labour and Welfare (MHLW) has accepted its regulatory application for the extension of the indication of its RSV vaccine to include adults aged 50- to 59 at an increased risk of contracting the disease.

Read more
11 Dec 2023 08:28

GSK drug gets EU marketing backing for form of endometrial cancer

(Alliance News) - GSK PLC on Monday said it won EU backing for its Jemperli drug in tandem with chemotherapy to treat a form of endometrial cancer.

Read more
11 Dec 2023 07:41

LONDON BRIEFING: GSK drug gets EU endorsement; Begbies backs outlook

(Alliance News) - London's FTSE 100 is called to open a touch lower on Monday, kicking off the week with some slight trepidation after Friday's hotter-than-expected US jobs report which offered the dollar some respite.

Read more
11 Dec 2023 07:23

GSK endometrial cancer treatment gets Europe authorisation

(Sharecast News) - GSK announced on Monday that the European Commission has granted marketing authorisation for 'Jemperli', or dostarlimab, in combination with chemotherapy for certain endometrial cancers.

Read more
7 Dec 2023 12:54

THG backer Kelso pushes for demerger to trim "inherent" valuation gap

(Alliance News) - THG PLC investor Kelso Group Holdings PLC on Thursday reiterated its call for a demerger, which the shareholder believes will help close the "disparity" between the e-commerce firm's share price and its true value.

Read more
5 Dec 2023 10:02

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

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

Read more
27 Nov 2023 09:00

GSK announces positive results from Blenrep phase 3 blood cancer trial

(Alliance News) - GSK PLC on Monday said a phase 3 trial of belantamab mafodotin as a multiple myeloma treatment has produced positive headline results.

Read more
27 Nov 2023 08:02

GSK receives 'positive' headline results from phase III trial

(Sharecast News) - Drugmaker GSK announced on Monday that it had received positive headline results from a planned interim efficacy analysis from a phase III trial evaluating its elantamab mafodotin asset.

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.