Scrip is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

GSK sells stake in diagnostics firm to raise $1.7 billion

This article was originally published in Scrip

Executive Summary

GlaxoSmithKline has sold its entire remaining stake in Quest Diagnostics, just under 31 million shares. GSK said that it had been considering the move for some time and had decided that now was "a good time to take advantage of favourable market conditions, thereby releasing funds from one of our non-core assets".

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

SC011726

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel