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SEC and High Court Agree to GSK Plans to Buy Back Shares From Minority Shareholders
The Securities and Exchange Commission, in collaboration with the Federal High Court, has agreed to the move by Glaxo Smith Kline Consumer Nigeria Plc to acquire back its shares from minority sharehol...
GSK Nigeria's Shareholders Approve Dividend Amidst Economic Challenges
In a display of resilience and dedication, shareholders of GlaxoSmithKline Consumer (GSK) Nigeria Plc have wholeheartedly endorsed the proposal to pay a dividend of N657.73 million. The rate of 55 kob...
AFRICA FMCG bought RIBENA and LUCOZADE FOR $14 MILLION
The Japanese firm, Suntory Beverage & Food Limited (SBF) gained ownership of Ribena and Lucozade in 2016 after it partially acquired the brand from GlaxoSmithKline Consumer Nigeria Plc (GSK). ...
All The Details On GlaxoSmithKline Stock Spinoff
GlaxoSmithKline (GSK) shares rose after the drug titan said it would spin off its consumer division and likely slash its dividend 31%. The company unveiled the news at an investor updat...