GSK plans to increase stakes in both India and Nigeria

Pharmaceuticals giant GlaxoSmithKline has announced a voluntary open offer to increase its holding in its publicly-listed Consumer Healthcare subsidiary in India.

Pharmaceuticals giant GlaxoSmithKline has announced a voluntary open offer to increase its holding in its publicly-listed Consumer Healthcare subsidiary in India.

The company also said it has come to an agreement on the terms of a proposal to increase its ownership in GlaxoSmithKline Consumer Nigeria, which manufactures, markets and distributes a wide range of Consumer Healthcare brands, to 80%.

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