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GSK Looking to Sell its Indian Consumer Health Unit for ~$4B

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GSK Looking to Sell its Indian Consumer Health Unit for ~$4B

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  •  GSK is holding 72.5% assets in India-Listed consumer healthcare unit- attracting Kellogg- Nestle- PepsiCo and Reckitt Benckiser in the sale
  •  GSK consumer-health unit also includes its 82% in Dhaka-listed GSK Bangladesh- having marketing rights to some consumer-health brands in other emerging markets including Malaysia
  • The Indian consumer-health unit- has multiple brands including popular milk brand Horlick- Boost- Viva- Maltova and OTC products Crocin-

 Ref: Bloomberg | Image:  GSK


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