Xiya Reagent:GlaxoSmithKline drops plan to sell off older drugs

GlaxoSmithKline drops plan to sell off older drugs business

LONDON (Reuters) - GlaxoSmithKline said on Thursday it had decided not to sell a portfolio of older drugs marketed in North America and Europe after considering offers from potential buyers.

"The company has evaluated all bids received and has concluded, consistent with its key criteria of maximising shareholder value, not to pursue divestment of these products," it said in a statement.

A spokesman for GSK, which was being advised on the disposal by Lazard, declined to give any more details.

People familiar with the situation said last month that several private equity firms and smaller drug companies were looking at the assets on the block, which had been expected to sell for more than $3 billion.

Bidders, who had been hoping to clinch a deal before the end of the year, included Apollo Global Management, Denmark's Lundbeck, and KKR, which teamed up with private Dutch-based specialty drugmaker Norgine, sources said.· 以上资料由西亚试剂：http://www.xiyashiji.com/ 提供此产品的详细信息如密度,含量,分子式,分子量等均可在西亚官网查询   

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