GlaxoSmithKline Fields Interest in GBP40 Billion Consumer Unit -Bloomberg
October 12 2021 - 7:18AM
Dow Jones News
--GlaxoSmithKline is planning to split off its consumer unit and
the company's advisers are informally fielding interest and
preparing for a listing, Bloomberg reports.
--Advent International, Blackstone Inc., Carlyle Group Inc., CVC
Capital Partners, KKR & Co. and Permira are among the potential
suitors, Bloomberg says.
--The unit could be valued at 40 billion pounds ($54.38 billion)
or more, Bloomberg says.
Full story: https://bloom.bg/3iWdFYb
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
October 12, 2021 07:03 ET (11:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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