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>> GLAXOSMITHKLINE Latest News

3 HOURS AGO - Reuters

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GSK open to selling healthcare business

Britain's GlaxoSmithKline is considering spinning off its consumer division in future, according to a report in the Financial Times, as part of a restructuring of the drugmaker. As Joanna Partridge reports, it comes after a damaging China bribery scandal, and shortly after a profit warning.

Tags: GSK open to selling healthcare business,  Glaxosmithkline Latest News

3 HOURS AGO - Boston Globe

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GSK Open to Selling Healthcare Business

GlaxoSmithKline would consider spinning off its consumer healthcare division. That's the view of the British drugmaker's CEO. In an interview with the Financial Times Sir Andrew Witty said the split wasn't planned for the near future, but GSK might pursue it if the division had more value as a standalone company. It's not the only drugmaker to investigate this avenue, ...

Tags: GSK Open to Selling Healthcare Business,  Glaxosmithkline Latest News

7 HOURS AGO - TheStreet

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Why GlaxoSmithKline (GSK) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of GlaxoSmihtKline are slightly higher in pre-market trade after the drugmaker's CEO Sir Andrew Witty opened the possibility of the group being broken up in the future as he pushes through a sweeping overhaul, the Financial Times reports. Witty said GSK had the option to spin off its consumer healthcare business if a time came when ...

Tags: Why GlaxoSmithKline (GSK) Stock Is Higher Today,  Glaxosmithkline Latest News

22 HOURS AGO - MarketWatch

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Glaxo CEO floats possible consumer spin-off: report

LOS ANGELES (MarketWatch) -- GlaxoSmithKline PLC's chief executive said the British drug giant was open to spinning off its consumer health-care business at some point in the future, according to comments in a Financial Times interview published Sunday. Glaxo CEO Andrew Witty said there were no immediate plans for such a break-up, however, and voiced optimistism about turning the company ...

Tags: Glaxo CEO floats possible consumer spin-off: report,  Glaxosmithkline Latest News

JUL 25, 2014 - TheStreet

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Why GlaxoSmithKline (GSK) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of GlaxoSmithKline  are down -1.76% to $49.20 in pre-market trade as the U.K. drugmaker faces new allegations of corruption, this time in Syria, where the company and its distributor have been accused of paying bribes to secure business, according to a whistleblower's email reviewed by Reuters. Glaxo said it was investigating the latest claims dating back ...

Tags: Why GlaxoSmithKline (GSK) Stock Is Lower Today,  Glaxosmithkline Latest News