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Stock impact report

GlaxoSmithKline Buys Novartis Share Of Health Unit For $13 Billion [Investor's Business Daily]

GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK) 
US:NYSE Investor Relations: gsk.com/en-gb/investors
Related news 9:43 AM ET A boost from global markets faded, but stocks recovered as Red Hat and Apple maintained early gains. Biohaven Craters By A Third On Migraine Drug Study Rivaling Allergan GSK Spikes After Dropping Bid For Pfizer's Over-The-Counter Unit Will This Coming IPO Biotech Undercut Gilead, Novartis In Cancer Drugs? Powerhouse Duo Takes On Gilead, Allergan In Liver Disease, But Stocks Dip Biotech Stock Hit After CEO Suddenly Quits At Critical Juncture This Biotech Is Breaking Out, But Doesn't Market A Single Drug Could Tiny Rivals Make Gilead, Novartis Obsolete In Oncology? How Celgene 'Gambled' On Ozanimod — And Why It Didn't Pay Off GlaxoSmithKline ( GSK ) popped early Tuesday after announcing it would buy out Novartis ' ( NVS ) share of its consumer health unit for $13 billion, days after dropping its bid for Pfizer's over-the-counter business. The deal allows Novartis to divest its 36.5% stake in Glaxo's consumer healt Show less Read more
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