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  Unilever to acquire GSK health food portfolio for over Rs 27,750 crore

  Business | December 03, 2018 20:09 IST

    As part of the transaction, Unilever's Indian arm, Hindustan Unilever Ltd (HUL) will acquire GlaxoSmithKline Consumer Healthcare Ltd (GSK CH India) via an all-equity merger, valuing the total business of the latter at Rs 31,700 crore.  

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  Sun Pharma buys GSK's opiates business in Australia

  March 03, 2015 11:20 IST

  Mumbai: Sun Pharmaceutical Industries has acquired multinational drug maker GlaxoSmithKline's opiates business in Australia. However, the deals of the deal have not been disclosed.GSK's out-going product portfolio consists of poppy-derived opiate raw materials that are

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  GSK pays Rs 6400 crore to lift its stake in Indian subsidiary to 75%

  March 11, 2014 9:30 IST

  London: UK drug maker GlaxoSmithKline Plc. ( GSK ) has increased its stake in its Indian subsidiary from 50.7 per cent to 75 per cent, following a recent open offer. The company announced that the

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  GSK plans Rs 864 cr investment to set up pharma unit in India

  November 15, 2013 10:19 IST

  Mumbai: Global pharmaceutical major GlaxoSmithKline (GSK), on Thursday, announced a Rs.864-crore investment in India to set up a medicine manufacturing unit.“A new Rs.864-crore (85 million pound) factory will be set up, creating 250 jobs in