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GSK Gsk Plc

1,599.00
15.50 (0.98%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gsk Plc LSE:GSK London Ordinary Share GB00BN7SWP63 ORD 31 1/4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  15.50 0.98% 1,599.00 1,599.50 1,600.50 1,600.00 1,575.00 1,579.50 5,149,016 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1970 13.37 65.87B

GlaxoSmithKline to Complete Novartis Deal in March

25/02/2015 5:02pm

Dow Jones News


Gsk (LSE:GSK)
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LONDON--Pharmaceutical company GlaxoSmithKline PLC (GSK.LN) said Wednesday that it now expects to complete its three-part transaction with Novartis AG (NOVN.VX) in the week commencing March 2, following good progress on obtaining clearances and regulatory approvals.

The three-part transaction with Novartis includes Glaxo's acquisition of Novartis's vaccines business, the creation of a consumer healthcare joint venture and the divestment to Novartis of GlaxoS's Oncology portfolio.

Shares of GlaxoS at 1628 GMT trading 0.1% lower at 1,545 pence.

Write to Tapan Panchal at tapan.panchal@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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