GlaxoSmithKline Extends Collaboration With Aspen Pharmacare

Date : 12/01/2009 @ 2:41AM
Source : Dow Jones News

GlaxoSmithKline Extends Collaboration With Aspen Pharmacare

Glaxosmithkline (LSE:GSK)
Historical Stock Chart

3 Years : From May 2009 to May 2012

Click Here for more Glaxosmithkline Charts.

GlaxoSmithKline PLC (GSK.LN), the pharmaceutical and healthcare company, said Tuesday it has completed the extension of its strategic relationship with Aspen Pharmacare Holdings Ltd. and the acquisition of a 19% shareholding in the South African based pharmaceuticals company.

MAIN FACTS:

-On completion, Aspen issued 68.5 million ordinary shares to GSK in consideration for the transfer of assets.

-Taken together with Aspen shares acquired by GSK between signing and closing, this issue takes GSK's holding in Aspen to a total of 81.7 million shares.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 


NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Affiliate Scheme
Copyright 1999-2011 ADVFN PLC. Copyright Notice & Privacy Policy :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
41 site:2us 120516 18:00