UPDATE 1-GSK pulls out of $20 bln race for Pfizer assets
22 Mar UPDATE 1-GSK pulls out of $20 bln race for Pfizer assets
Posted at 08:13h
in
News
by KMFSLLP
LONDON, March 23 (Reuters) – GlaxoSmithKline has
withdrawn from the race to buy Pfizer’s consumer
healthcare business, the British drugs company said on Friday,
endangering an auction for an asset some said could fetch as
much as $20 billion.
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