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GSK buys out Novartis in $13bln shake-up

Tuesday, March 27, 2018 - 01:34

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. Kate King reports.

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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. Kate King reports.

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GSK buys out Novartis in $13bln shake-up

Tuesday, March 27, 2018 - 01:34