LONDON, Jan 15 (Reuters) - Consumer goods giant Unilever
has made a bid for pharmaceutical group
Glaxosmithkline's consumer goods business worth roughly
50 billion pounds ($68.4 billion), Britain's Sunday Times
reported.
GSK and Pfizer, which owns a minority stake in the
division, were understood to have rejected the offer on the
basis that it was too low, the newspaper said.
($1 = 0.7314 pounds)
(Reporting by Mrinmay Dey in Bengaluru
Writing by William Schomberg
Editing by Mark Heinrich)