$36.17 arrow  Change: -0.60 %Chge: -1.65% Vol: 253,029
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High: 36.53 | Low: 36.17 | Open: 36.53 | Close: 36.17
52 Wk High: 44.505 | 52 Wk Low: 34.53 | Todays Pivot: 36.29
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Online News For Glaxosmithkline Plc Sponsored Adr

GSK’s move for Pfizer’s consumer arm divides market

The divergent share prices told a story. On Thursday, shares in Reckitt Benckiser jumped more than 5 per cent as investors welcomed the consumer goods group’s decision to pull out of the auction for Pfizer’s healthcare assets. Were GSK to buy the unit ...

GSK advances in Pfizer consumer health auction as Reckitt quits

NEW YORK/LONDON (Reuters) - GlaxoSmithKline (GSK.L) has pulled ahead in a race to buy Pfizer’s (PFE.N) consumer healthcare business, which the U.S. drugmaker believes could be worth as much as $20 billion, after its main rival Reckitt Benckiser (RB.L ...

GSK’s pursuit of Pfizer consumer unit need not be a costly move

3) a price fall on closing in on a deal. Rakesh Kapoor of Reckitt Benckiser has now had the misfortune to see both 1) and 2). But he also has the self-assurance to know that these were mainly: 1) reaction to his predecessor Bart Becht’s unexpected ...

Reckitt clears way for GSK to buy Pfizer's consumer healthcare unit after ending talks

Reckitt Benckiser Group PLC (LON:RB.) has pulled out of the race to buy Pfizer Inc’s (NYSE:PFE) consumer healthcare business, clearing the way for a takeover by GlaxoSmithKline plc (LON:GSK). Chief executive Rakesh Kapoor said: “An acquisition for the ...

GSK's bid in focus as Reckitt quits Pfizer consumer health auction

NEW YORK/LONDON (Reuters) - British consumer goods group Reckitt Benckiser Group (RB.L) has pulled out of discussions with Pfizer Inc (PFE.N) over buying its consumer healthcare business, strengthening the hand of British drugmaker GlaxoSmithKline Plc (GSK.L).

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