GlaxoSmithKline Looks to Unload Another Brand

Published: Jul 02, 2013

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Private equity firms Blackstone (BX.N) and Lion Capital have teamed up to make a formal bid worth more than a billion pounds for Lucozade and Ribena, the two soft drink brands put up for sale by drugmaker GlaxoSmithKline (GSK.L), Sky News reported on Sunday.

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