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GSK shareholders to vote on Novartis deal on December 18

2014-11-24 18:10:53| Biotech - Topix.net

Britain's GlaxoSmithKline has asked its shareholders to vote at a meeting on Dec. 18 on its proposed major deal with Switzerland's Novartis, which will see the two pharmaceutical group trade more than $20 billion of assets. The transaction, which includes GSK buying Novartis' vaccines business, Novartis purchasing GSK's cancer drugs, and the two groups tying up in consumer healthcare, was unveiled in April.

Tags: december deal vote shareholders

Category:Biotechnology and Pharmaceuticals

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