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GSK sells $3.35 bn stake in Hindustan Unilever

Consumer

07 May, 2020

GSK sells $3.35 bn stake in Hindustan Unilever

GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the ......

Grapevine: KKR leads race for Piramal pharma stake; Glaxo looks to sell HUL holding

General

29 April, 2020

Grapevine: KKR leads race for Piramal pharma stake; Glaxo looks to sell HUL holding

Private equity firm KKR is leading the race to acquire a stake in the pharmaceutical business of billionaire Ajay Piramal-led ......

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

General

25 October, 2018

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

Mumbai International Airport Ltd (MIAL) has received non-binding bids for a minority stake from three suitors including US-based private equity ......

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Samara-owned Oaknet buys some brands of GSK India

Healthcare

23 October, 2018

Samara-owned Oaknet buys some brands of GSK India

Oaknet Healthcare Pvt. Ltd, which is owned by private equity firm Samara Capital, has bought some brands of the Indian ......

CPPIB eyes stake in Mytrah; Coca-Cola may bid for GSK's consumer nutrition biz

General

26 June, 2018

CPPIB eyes stake in Mytrah; Coca-Cola may bid for GSK's consumer nutrition biz

Canada Pension Plan Investment Board (CPPIB), the largest among its peers in the North American nation, is in discussions to ......

Jyoti Structures may be liquidated; RIL-JM Financial ARC eye Alok Industries

General

29 March, 2018

Jyoti Structures may be liquidated; RIL-JM Financial ARC eye Alok Industries

Debt-laden Jyoti Structures Ltd, which owes Rs 7,000 crore to its lenders, may opt for liquidation, a financial daily reported.The ......

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Creador-backed Corona Remedies set to buy a clutch of drugs

Healthcare

08 February, 2017

Creador-backed Corona Remedies set to buy a clutch of drugs

Less than a year after it raised capital from private equity firm Creador Capital, Gujarat-based drugmaker Corona Remedies Pvt. Ltd ......

India revokes GSK patent in latest blow for Big Pharma

Healthcare

02 August, 2013

India revokes GSK patent in latest blow for Big Pharma

India has revoked a patent granted to GlaxoSmithKline Plc for its breast cancer drug Tykerb, a decision that follows a ......