Consumer goods giant Unilever has approached GlaxoSmithKline about buying the pharmaceutical group's consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.
GSK, whose two other main divisions are pharmaceuticals and vaccines, had turnover of 34 billion pounds that year.Brian McNamara will be its chief executive, a position he has held since 2016 within the business as part of GSK.
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