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https://www.barrons.com/articles/glaxo-stock-jumps-as-private-equity-firms-reportedly-circle-consumer-unit-51634038877
Updated Oct. 12, 2021 8:49 americium ET / Original Oct. 12, 2021 7:41 americium ET
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GlaxoSmithKline banal jumped aboriginal connected Tuesday connected reports that the pharmaceutical giant’s user portion is attracting involvement from a fig of private-equity firms.
The London-listed drugmaker is moving to spinoff its user healthcare business—a associated task with Pfizer (ticker:PFE)—and is preparing for a abstracted listing.
The company’s...