Unilever to weigh elevating supply for GSK’s shopper property


©Reuters. FILE PHOTO: The Unilever company logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, United States, on February 17, 2017. REUTERS/Brendan McDermid/File Photo

(Reuters) – Unilever (NYSE:) Plc has held talks with banks about additional financing for a potentially sweetened offering for GlaxoSmithKline (NYSE:) Plc’s consumer goods division, Bloomberg reported https://www.bloomberg.com/news/articles / 2022-01-16/unilever-allegedly-to-weigh-up-bid-for-glaxo-consumer-unit?sref=WJKVI5nK on Sunday, citing people familiar with the matter.

Unilever and GSK did not immediately respond to Reuters requests for comment.

The news came a day after GSK announced it had rejected a £50 billion ($68.37 billion) bid from Unilever for its consumer goods division. GSK said it received three bids from Unilever, the latest on December 20.

Unilever may eventually sell some non-core assets from GSK’s portfolio to buyers, including private equity firms, which could help fund a takeover, the Bloomberg report added.

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