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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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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
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Low: 1,724.50
Prev. Close: 1,728.50
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UPDATE 1-Unilever to weigh raising offer for GSK's consumer assets - Bloomberg

Sun, 16th Jan 2022 20:48

(Adds details from Bloomberg report, background)

Jan 16 (Reuters) - Unilever Plc has held talks with
banks about additional financing for a potential sweetened offer
for GlaxoSmithKline Plc's consumer products division,
Bloomberg reported https://www.bloomberg.com/news/articles/2022-01-16/unilever-is-said-to-weigh-raising-offer-for-glaxo-consumer-unit?sref=WJKVI5nK
on Sunday, citing people familiar with the matter.

Unilever and GSK did not immediately respond to Reuters'
requests for comment.

The news came a day after GSK said it had rejected a
50-billion-pound ($68.37 billion) offer from Unilever for the
consumer goods arm. GSK said it had received three bids from
Unilever, the latest on Dec. 20.

Unilever could eventually sell some non-core assets from the
GSK portfolio to buyers including private equity firms, which
could help fund an acquisition, the Bloomberg report added.

($1 = 0.7314 pounds)
(Reporting by Maria Ponnezhath in Bengaluru;
Editing by Andrew Cawthorne)

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