Also categorized in BoardNews:
Disney Furloughs 100,000 Workers While Top Executives Will Still Get Big Bonuses
x hide permanently

GSK Rejects 50-Billion-Pound Unilever Offer for Consumer Assets

Stock Market Quotes and News

(Reuters) - GlaxoSmithKline on Saturday said it had rejected a 50-billion-pound offer from Unilever for its consumer goods arm, saying it "fundamentally undervalued" the business and its future prospects and that it would stick to its plan of spinning off the unit. Unilever confirmed the approach earlier on Saturday, saying the Glaxo unit would be a "strong strategic fit" as it continues to re-shape ...

Mentions: Management Sanofi stake