GSK and Pfizer agree huge £10bn healthcare merger

Posted on 19 Dec 2018 by Maddy White
GSK will have a majority share of the venture (68%). - image courtesy of Depositphotos.

GSK has announced it will merge its consumer healthcare unit with Pfizer in a giant deal to create a new business with almost £10bn in annual sales.

GSK will have a majority share of the venture (68%). – image courtesy of Depositphotos. The UK pharmaceutical firm – behind household brands including Aquafresh toothpaste, Panadol and Beechams – will have a majority share of the new venture (68%). According to GSK, the deal is set to deliver cost savings…

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