Glaxosmithkline (GSK.L)

LONDON: Consumer goods giant Unilever said that it had approached Glaxosmithkline (GSK.L) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a £50 billion ($68.4 billion) bid it made had been rebuffed, Reuters reported. Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach … Read more