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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,812.50
Bid: 1,700.00
Ask: 1,820.00
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REFILE-China deports British, American investigators linked to GSK scandal

Wed, 17th Jun 2015 10:01

(Adds dropped words in 9th paragraph)

SHANGHAI, June 17 (Reuters) - A British corporate sleuth andhis American wife and business partner, both linked to a briberyscandal in China involving drugmaker GlaxoSmithKline PLC, were deported on Wednesday after their jail terms werereduced this month.

Peter Humphrey and Yu Yingzeng left China at around midday(0400 GMT) on a Virgin Atlantic flight bound for London, thecouple's son, Harvey Humphrey, said in a message to Reuters sentvia a family friend.

Peter Humphrey and Yu were sentenced in August last year forillegally obtaining private records of Chinese citizens andselling the information to clients including GSK, Britain'slargest pharmaceutical firm.

"I am extremely glad that this ordeal will be over by thisafternoon," the son said.

The elder Humphrey and Yu's sentences were both reduced this month. Humphrey was seven months away from completing a 21/2-year sentence, while Yu was originally set to be freed inJuly.

"A British national detained in China has been deported,"said a British consulate spokesman who declined to identify theperson.

"We are aware of the case and are providing consularassistance," he said.

According to Virgin Atlantic's website, flight VS251 fromShanghai will arrive at London's Heathrow Airport at 5 p.m. onWednesday.

Humphrey and Yu's case unfolded alongside a Chineseinvestigation of GSK, which rocked the country's pharmaceuticalmarket and led to a $489 million fine against the firm last yearfor paying bribes to doctors to use its drugs.

Humphrey and Yu, who ran risk consultancy ChinaWhys, hadbeen asked by GSK to compile a report into the origins of a sexvideo involving the drug company's former China head, MarkReilly, which had been sent to senior executives at GSK alongwith anonymous emails alleging corruption.

At the time, a GSK spokesman in London confirmed the videoexisted but did not comment on how it related to the allegedbribery scandal. He also said GSK had hired ChinaWhys toinvestigate the video. (Reporting by John Ruwitch; Writing by Adam Jourdan; Editing byRobert Birsel)

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22 Jan 2024 17:08

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IN BRIEF: Oxford Nanopore appoints Keher to CFO as Cowper becomes COO

Oxford Nanopore Technologies - Oxford, England-based company specialising in nanopore DNA-sequencing - Appoints Nick Keher as chief financial officer and director, effective immediately. Keher will replace Tim Cowper as he moves into a new role as Oxford Nanopore's chief operating officer. The company says that Cowper has been performing the majority of COO duties for the past five years, and that he will lead the company's efforts to expand its international footprint. The company also says that new CFO Keher possesses "significant experience of financial leadership of complex, scientific businesses", having served in similar roles at Clinigen Group PLC, BenevolentAI SA, Royal Bank of Canada, Investec PLC and GSK PLC.

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17 Jan 2024 09:38

UPDATE: GSK raises GBP978 million as cuts stake in Haleon to 4.2%

(Alliance News) - GSK PLC early Wednesday confirmed it agreed to sell 300 million shares in Haleon PLC, reducing its remaining stake in the consumer healthcare products spin-off to just 4.2%.

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17 Jan 2024 08:05

GSK raises £978m through Haleon share sale

(Sharecast News) - GSK said on Wednesday that it has raised around £978m from the sale of shares in Haleon.

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(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

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GSK raises $1.24 bln from latest Haleon stake sale

Jan 17 (Reuters) - GSK has raised 978 million pounds ($1.24 billion) from a discounted sale of a stake in its spun-off consumer healthcare business Haleon, the British drugmaker said on Wednesday.

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16 Jan 2024 17:04

GSK to sell GBP1 billion worth of Haleon shares as trims stake again

(Alliance News) - GSK PLC on Tuesday said it intends to sell around GBP1.00 billion worth of shares in Haleon PLC, as it continues to reduce its shareholding in the Weybridge, Surrey-based consumer healthcare spin-off.

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

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16 Jan 2024 08:15

UBS downgrades AstraZeneca to 'sell'

(Sharecast News) - UBS has downgraded AstraZeneca and upgraded rival GSK as part of its latest review of the European pharmaceutical sector.

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16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

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Zantac fallout unfairly weighing on GSK, says Shore Capital

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10 Jan 2024 09:35

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

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10 Jan 2024 08:25

GSK says Nucala gets green light in China for asthma treatment

(Alliance News) - GSK PLC on Wednesday said Nucala has been approved in China for the treatment of severe asthma.

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10 Jan 2024 07:22

GSK's Nucala gets fresh approval in China

(Sharecast News) - GSK announced on Wednesday that the China National Medical Products Administration (NMPA) has granted approval for 'Nucala', or mepolizumab, as an add-on maintenance treatment for severe eosinophilic asthma in adults and adolescents aged 12 years and older.

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London close: Stocks finish red after choppy session

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

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