The next focusIR Investor Webinar takes place tomorrow 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

GlaxoSmithKline completes sale of Aspen shares, raising $694 mln

Wed, 20th Nov 2013 07:11

LONDON, Nov 20 (Reuters) - GlaxoSmithKline said onWednesday it had completed the sale of 28.2 million shares inAspen Pharmacare at 250 rand each, raising grossproceeds of 7.059 billion rand ($694 million).

Shares in the South African drugmaker closed at 267.40 randon Tuesday.

GSK had previously said it planned to reduce its investmentin the South African drugmaker by one third, while remainingcommitted to working closely with Aspen. It now has a reducedstake of 12.4 percent.

Related Shares

More News
Today 09:41

LONDON BROKER RATINGS: BAE Systems and Mondi cut to 'neutral'

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

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 presidenc...

9 May 2024 15:51

UK dividends calendar - next 7 days

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:

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:

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.