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KM Financial Solutions | UPDATE 2-GSK buys Novartis stake in consumer healthcare venture for $13 bln
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UPDATE 2-GSK buys Novartis stake in consumer healthcare venture for $13 bln

26 Mar UPDATE 2-GSK buys Novartis stake in consumer healthcare venture for $13 bln

Posted at 06:20h in News by
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ZURICH, March 27 (Reuters) – GlaxoSmithKline said on
Tuesday it will buy Novartis’s 36.5 percent stake in
their consumer healthcare joint venture for $13 billion in cash,
and will also begin a strategic review of some other businesses.

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