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GSK to spend $1 billion to raise stake in Indian unit

2013-12-16 08:56:03| Biotech - Topix.net

GlaxoSmithKline Plc said on Monday it plans to raise its stake in its Indian pharmaceutical unit to up to 75 percent from 50.7 percent through an open offer in a deal worth about 629 million pounds.

Tags: unit spend indian raise

Category:Biotechnology and Pharmaceuticals

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