Unilever’s Failed Bid Puts Pressure On GSK Spin-Out Plans

Bid Saw UK Pharma Major’s Shares Rise

 
• By Andrew McConaghie

GSK now looks free to pursue its ‘Plan A’ for the consumer division, but activist investors may push for a new bidder to be found.

GSK Skyline
GSK will now press ahead with its spin-out plan, unless another buyer emerges with a higher bid. • Source: Alamy

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