• Latest
  • Trending
  • All
  • Lifestyle & Entertainment
Unilever is looking forward to continue the mega-deal with (GSK) healthcare arm.

Unilever is looking forward to continue the mega-deal with (GSK) healthcare arm

January 17, 2022
Guardians of the Galaxy Vol. 3 confirmed!

Guardians of the Galaxy Vol. 3 confirmed!

May 18, 2022
Spider-Man : Beyond the Spider-Verse title of third movie from Spider-Verse franchise

Everything you need to know about Spider-man: Across The Spider-verse.

May 18, 2022
The Gray Man: Russo Brothers explains why they picked Chris Evans for the role of the Villain

The Gray Man: Russo Brothers explains why they picked Chris Evans for the role of the Villain

May 18, 2022
A revenge tale with ambition and leanness, ‘The Northman’

A revenge tale with ambition and leanness, ‘The Northman’

May 18, 2022
The Marvels: MCU’s fourth phase instalment featuring Marvels superheroines

Heard of The Marvels?

May 18, 2022
The social media response to the Buffalo shooting has been deemed inadequate

The social media response to the Buffalo shooting has been deemed inadequate

May 18, 2022
As energy prices rise, UK inflation reaches a 40-year high of 9%

As energy prices rise, UK inflation reaches a 40-year high of 9%

May 18, 2022
After losing subscribers, Netflix is laying off 150 people in the United States

After losing subscribers, Netflix is laying off 150 people in the United States

May 18, 2022
BTS Dynamite will become the first K-pop song to be streamed in space

BTS Dynamite will become the first K-pop song to be streamed in space

May 19, 2022
Anson Mount talks about his surprise appearance in Doctor Strange 2: Black Bolt

Anson Mount talks about his surprise appearance in Doctor Strange 2: Black Bolt

May 18, 2022
Season 3 of The Mandalorian has a confirmed release date window

Season 3 of The Mandalorian has a confirmed release date window

May 18, 2022
Captain Jack Sparrow aka Johnny Depp might be returning to the Pirates franchise, according to Jerry Bruckheimer

Captain Jack Sparrow aka Johnny Depp might be returning to the Pirates franchise, according to Jerry Bruckheimer

May 18, 2022
Retail
Thursday, May 19, 2022
Contact Us
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Science & Technology
  • Horoscope
  • Korean
No Result
View All Result
The UBJ - United Business Journal
No Result
View All Result

Unilever is looking forward to continue the mega-deal with (GSK) healthcare arm

by Pooja Sahu
January 17, 2022
in Business
0
Unilever is looking forward to continue the mega-deal with (GSK) healthcare arm.

Unilever is looking forward to continue its deal to buy GlaxoSmithKline’s (GSK) healthcare arm.

Whereas, Unilever has already had a £50bn offer rejected, but said on Monday a deal would be a “strong strategic fit”.

YOU MAY ALSO LIKE

As energy prices rise, UK inflation reaches a 40-year high of 9%

After losing subscribers, Netflix is laying off 150 people in the United States

GSK’s health products business owns brands such as Sensodyne toothpaste, Panadol and Centrum vitamins.

Unilever, maker of Marmite, PG Tips, and Dove soap, says it wants a bigger slice of the health and hygiene sectors.

“The acquisition would create scale and a growth platform for the combined portfolio in the US, China, and India, with further opportunities in other emerging markets,” Unilever said, pointing to synergies in the oral care and vitamin supplements business.

Unilever has not said if it will sweeten its rejected offer, but according to the Bloomberg news agency the company has held talks with its banks about additional financing for an increased bid.

While on Monday Morning, GSK’s share price was up almost 5% which was a sign for some investors and were hopeful of a higher offer. On the other side, Unilever’s shares fell almost 7%.

Share this:

  • Twitter
  • Facebook
Tags: DealGlaxoSmithKlineUnilever

Advertisement

Instagram

  • Now, Elon Musk says ‘If I die under mysterious circumstances…’ #theubj
  • Why Europe Day is celebrated: 5 things you should know #theubj
  • U2 singer Bono performs at Kyiv metro station amid war: ‘A beautiful day’ #theubj
  • Early voting begins ahead of Australia
  • Taiwan rattled by 6.1 magnitude earthquake, no immediate damage reported #theubj
  • Elon Musk
  • Will Sweden apply for NATO membership? Ruling party to decide stance on May 15 #theubj
  • Missiles strike Ukraine
  • France

Recent News

Guardians of the Galaxy Vol. 3 confirmed!

Guardians of the Galaxy Vol. 3 confirmed!

May 18, 2022
Spider-Man : Beyond the Spider-Verse title of third movie from Spider-Verse franchise

Everything you need to know about Spider-man: Across The Spider-verse.

May 18, 2022

Categories

  • Business
  • Featured
  • Horoscope
  • k-drama
  • Korean
  • Lifestyle & Entertainment
  • Movie
  • News
  • Science & Technology
  • Technology
  • World

Quick Contact

The UBJ – United Business Journal

The UBJ Is content that is informative, entertaining, and relevant to its region. It offers news, sport, lifestyle, business & more

© 2022 The UBJ. All Right Reserved

  • About UBJ
  • Contact
  • Editorial Team
  • Privacy Policy
  • Disclaimer

No Result
View All Result
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Science & Technology
  • Horoscope
  • Korean

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Add The UBJ - United Business Journal to your Homescreen!

Add
Enable Notifications    OK No thanks