{"title":"Prestige Brands同意收购GSK的北美非核心OTC品牌","authors":"Heather Cartwright","doi":"10.3833/pdr.v2012i1.1646","DOIUrl":null,"url":null,"abstract":"In order to focus on its priority brands and emerging markets, GlaxoSmithKline (GSK) has agreed to divest 17 of its non-core consumer brands in the US and Canada to Prestige Brands for £426 M (US$661 M) in cash. The sale of the OTC brands will generate net proceeds of approximately £242 M (US$375 M), which will be returned to GSK’s shareholders during 2012. The transaction is expected to complete in the first half of 2012, subject to regulatory approvals.","PeriodicalId":19951,"journal":{"name":"Pharmadeals Review","volume":"64 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2012-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Prestige Brands Agrees to Buy GSK’s Non-Core North American OTC Brands\",\"authors\":\"Heather Cartwright\",\"doi\":\"10.3833/pdr.v2012i1.1646\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In order to focus on its priority brands and emerging markets, GlaxoSmithKline (GSK) has agreed to divest 17 of its non-core consumer brands in the US and Canada to Prestige Brands for £426 M (US$661 M) in cash. The sale of the OTC brands will generate net proceeds of approximately £242 M (US$375 M), which will be returned to GSK’s shareholders during 2012. The transaction is expected to complete in the first half of 2012, subject to regulatory approvals.\",\"PeriodicalId\":19951,\"journal\":{\"name\":\"Pharmadeals Review\",\"volume\":\"64 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2012-06-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Pharmadeals Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3833/pdr.v2012i1.1646\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Pharmadeals Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3833/pdr.v2012i1.1646","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Prestige Brands Agrees to Buy GSK’s Non-Core North American OTC Brands
In order to focus on its priority brands and emerging markets, GlaxoSmithKline (GSK) has agreed to divest 17 of its non-core consumer brands in the US and Canada to Prestige Brands for £426 M (US$661 M) in cash. The sale of the OTC brands will generate net proceeds of approximately £242 M (US$375 M), which will be returned to GSK’s shareholders during 2012. The transaction is expected to complete in the first half of 2012, subject to regulatory approvals.